Walder Wyss in the acquisition of the stake of Fedro in Freesailors Coöperatief 

Fedro sold its participation in Freesailors Coöperatief, the controlling shareholder of lastminute.com to Sterling Strategic Value Fund and a pool of private investors. In this context, the Swiss Takeover Board confirmed that the transaction and the entering into of a shareholders’ agreement among the members of Freesailors does not trigger the obligation of the parties involved to launch a mandatory takeover offer pursuant to Art. 135 FMIA.


Walder Wyss advised lastminute.com N.V. and Freesailors Coöperatief on the transaction with a team co-led by Rafael Zemp (pictured left – Capital Markets/M&A, Managing Associate) and Dimitrios Berger (pictured right – Capital Markets/M&A, Senior Associate) and further included Florian Iten (Corporate/M&A, Trainee Lawyer) and Leandro Schafer (Corporate/M&A, Trainee Lawyer).
lastminute.com acted with the Chief Corporate Operating Officer and DPO Alessandra Reda.
Linklaters advised the management pf the company with a team led by partner Giorgio Fantacchiotti. Read the news on legalcommunity.it

lastminute.com, whose shares are listed on the SIX Swiss Exchange Ltd, is a European leader in the online travel and leisure industry. Freesailors holds approximately 44.58% of the shares in lastminute.com N.V.