Schellenberg Wittmer represents PIERER Mobility before Swiss Takeover Board

The Swiss Takeover Board confirmed in its decision of 2 February 2021 the validity of a planned opting-out clause exempting PIERER Mobility from an obligation to make a mandatory tender offer pursuant to the Swiss Financial Market Infrastructure Act. If approved in the shareholders assembly, such opting-out clause will help to avoid positive competence conflicts going forward regarding the public offer laws applicable to PIERER Mobility due to its incorporation in Austria and dual listing in Switzerland and Germany.

The team

Schellenberg Wittmer represented PIERER Mobility as Swiss counsel before the Swiss Takeover Board. The team included Philippe Borens (pictured), Fabio Elsener and Tim Isler (all Banking & Finance / Capital Markets), as well as Pascal Hubli (Corporate / M&A).

The PIERER Mobility Group is Europe‘s manufacturer of powered two-wheelers. Their world-famous motorcycle brands (KTM, HUSQVARNA Motorcycles, GASGAS) make them one of Europe’s technology and market leaders, especially in the premium motorcycle segment.

Schellenberg Wittmer represents PIERER Mobility before Swiss Takeover Board

FabioAdmin

Legalcommunity.ch

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 www.lcpublishinggroup.com

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

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