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Bär & Karrer Ltd.

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Geneva, Lugano, Zug, Zurich

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Public tender offer by Andermatt-Surselva Sport AG for all shares in Sedrun Bergbahnen AG and...

September 2012

Andermatt Gotthard Sportbahnen AG successfully concluded

The offer period regarding the tender offer by Andermatt-Surselva Sport AG, a wholly owned subsidiary of Orascom Development Holding AG (SIX: ODHN) for all shares in the ski lift companies Sedrun Bergbahnen AG (SB) and Andermatt Gotthard Sportbahnen AG (AGS) was successfully concluded on Friday, 17 August 2012. 

More than 95% of SB and AGS shares respectively had been offered for sale or exchange. The successful conclusion of the offer is a prerequisite for the implementation of the modernization and connection of the two ski resorts, Andermatt and Sedrun.

Bär & Karrer acts as legal advisor to Andermatt-Surselva Sport AG. The team of Bär & Karrer includes Thomas Reutter, Dieter Dubs, Daniel Heiniger, Claudio Bazzi, Kaspar Theiler, Sora Meyer and Adam El-Hakim as well as Raoul Stocker and Kevin Russi (tax).

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