Bär & Karrer advises JCDecaux on stake reduction in APG|SGA

Bär & Karrer advised Euronext Paris-listed JCDecaux, as the globally active outdoor advertising company signed a share purchase agreement with NZZ, under which JCDecaux will sell 325,519 APG|SGA’s shares, corresponding to 10.85% of the share capital of APG|SGA.

Subject to antitrust approvals, the completion of the sale is expected to take place in Q2 2026. Pursuant to the transaction, JCDecaux’s stake in APG|SGA will be reduced to around 5.6%.

The Bär & Karrer team

The Bär & Karrer team working on the matter included Dieter Dubs (pictured) and Linus Zweifel (both public M&A).

flavio.caci@lcpublishinggroup.com

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