Lenz & Staehelin advises NewGAMe on its tender offer

NewGAMe has announced the launch of its partial cash tender offer for up to 28,000,000 shares of SIX-listed GAM Holding. The company is part of the investor group comprised of NewGAMe and Bruellan, that controls approximately 9.6% of the issued share capital of GAM Holding. The offer prospectus is to be published on or around 17 August 2023.

NewGAMe is majority held by Rock Investment, a company controlled by Mr. Xavier Niel. The investor group has also requested that an extraordinary general meeting of shareholders be convened to appoint a new slate of board members to lead GAM’s turnaround.

Lenz & Staehelin advised NewGAMe on its tender offer and continues to advise the investor group on its shareholding in GAM. The team is led by partners Jacques Iffland (pictured left), Tino Gaberthüel (pictured centre) and Ariel Ben Hattar (pictured right; all corporate and m&a and capital markets) and includes Harold Frey and Gian Riz à Porta (both litigation), Isy Sakkal (banking and finance), Frédéric Neukomm and Stanislas Cramer (both tax), as well as Lukas Held, Emilie Jacot-Guillarmod, Jeremy Bacharach and Yaël Nahmani (all corporate and m&a and capital markets).