CMS with Youngtimers on CHF 49.7 m ordinary capital increase
CMS Switzerland advised Youngtimers — a SIX-listed holding company with subsidiaries active in the asset management sector and focusing on private market investments across the Asia-Pacific region — on its ordinary capital increase, in an aggregate amount of CHF 49.73 million.
The operation consisted of three tranches: a contribution in kind of shares of Hong Kong-listed DL Holdings Group Limited, a contribution by way of set-off of the group’s liabilities from a bond, and an in-cash contribution.
The CMS team
Partner Matthias Kuert (capital markets, pictured) led the CMS team on the matter, working alongside associate Sophie Brettschneider (capital markets), partner Alain Raemy (corporate/M&A), senior associate Anna Mast (corporate/M&A) and associate Maximilian Louis Hauser (corporate/M&A).
