Basel-Stadt specifies the key figures for its future stake in MCH Group: the advisor

MCH Group, the Swiss live marketing company, announced that one of its shareholders, Basel-Stadt, has specified the key figures for its future stake in MCH Group. In particular: government of the Canton of Basel-Stadt is asking the cantonal parliament to waive exercising the subscription rights for the Canton of Basel-Stadt in the event of a capital increase; waiver would ensure that a new investor could acquire a significant minority holding, even if all other shareholders apart from the public-sector entities were to exercise their subscription right. Furthermore, MCH engaged in intensive negotiations with potential investors.

As reported by Mergermarket, Homburger is advising MCH Group.