MCH Group rejects Schoemmel proposal to sell majority in Art Basel

MCH Group has rejected a proposal from private investor Annette Schoemmel to sell a majority in its ‘Art Basel‘ expo, as reported by Finanz und WirtschaftSchoemmel told the Swiss bi-weekly she intends to form a consortium of investors, led by her XanaduAlpha investment company, that would acquire a majority in Art Basel. MCH is currently considering a capital increase but Schoemmel said another possibility would be to transfer Art Basel into an independent company and sell a 70% majority.


As reported by Mergermarket, Homburger is advising MCH Group.

MCH Group rejects Schoemmel proposal to sell majority in Art Basel


Launched in 2020 by LC Publishing Group, it is the first digital portal addressed to the Swiss legal market.
In terms of contents, the website focuses on both law firms and in-house legal departments, covering the latest news and rumors on deals and operations (and the related advisors) as well as on lateral hires, moves and new appointments and providing insights, analytical data and opinions on the professions’ main trends and topics (Ai, innovation, etc.).

For further information, please visit the Group’s website

LC Publishing Group S.p.A. – Via Tolstoi 10 – 20146 Milano – Tel. 0236727659 – C.F./P.IVA 07619210961
REA 1971432 Registro delle Imprese di Milano – Cap. Soc. Euro 50.000,00 i.v.

Copyright 2022 © All rights Reserved. Design by Origami Creative Studio


Share on linkedin
Share on twitter
Share on facebook
Share on whatsapp
Share on email
Share on telegram