Homburger with Yoda on investment into Ultima Capital
Homburger advised Yoda, a Cyprus-based investment corporation listed on the Cyprus stock exchange, on its investment into Ultima Capital, a Swiss luxury real estate owner, developer and operator listed on BX Swiss.
The deal
Pursuant to the transaction, Yoda has transferred to Ultima, by way of a contribution in kind, 100% of the issued share capital of its wholly-owned subsidiary Bakaso Holdings Limited at a contribution value of CHF 120.0 m in exchange for 2,000,000 newly-issued shares in Ultima. Following completion of the deal, Yoda increases its shareholding in Ultima from previously approximately 53.8% to approximately 64.0%.
The Homburger team
Lorenzo Togni (pictured) led the Homburger team on the matter, working alongside Jonas Stähli and Viviane Egli (all corporate / M&A) as well as Claudia Suter and Philippe Weber (both tax). Stefan Blunschi and Micha Frankhauser (both corporate / M&A) further contributed to the team effort.
