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  • Decision of the Swiss Takeover Board regarding confirmation that the acquisition of a minority participation in Freesailors by investors and the entering into of a members’ 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

Decision of the Swiss Takeover Board regarding confirmation that the acquisition of a minority participation in Freesailors by investors and the entering into of a members’ 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

Amsterdam / Chiasso, 23 April 2021 – lm holding, a European leader in the online travel and leisure industry, today communicates the issuance of a decision of the Swiss Takeover Board in connection with the contemplated acquisition of the stake of Fedro S.A. in Freesailors Coöperatief U.A. (“Freesailors”) by Sterling Strategic Value Fund (“Sterling”), a pool of private investors primarily from Switzerland and a number of lm group top managers as previously announced by lm holding on 1 April 2021.


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