Migros-Genossenschafts-Bund (Mgb) sold Magazine zum Globus along with eight associated real estate properties to a joint venture of Signa and Central Group. Signa and Central already jointly own Germany’s KaDeWe Group. Central Group currently owns Italy’s Rinascente and Denmark’s Illum.
Bär & Karrer acted as legal advisor to MGB in this transaction. The team included Christoph Neeracher, Thomas Rhode (pictured), Raphael Annasohn, Raphael Egger, Yves Suter, Isabelle Stalder and Sandro Orefice (all m&a), Corrado Rampini and Charles Gschwind (both real estate), Markus Wang (ip/it), Christoph Suter (tax), Mani Reinert (competition) as well as Ralph Malacrida.