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Zug Estates Holding AG listed on SIX Swiss Exchange
July 9, 2012. On June 22, 2012, the general meeting of Metall Zug Ltd approved the spin-off of the real estate business unit from its industrial operations in the form of a special distribution of shares in Zug Estates Holding Ltd to the shareholders of Metall Zug Ltd. Since July 2, 2012, the two companies Metall Zug Ltd and Zug Estates Holding Ltd operate as separate listed companies with separate shareholders and management.
The shares of Zug Estates Holding Ltd were listed and admitted to trading on SIX Swiss Exchange Ltd in accordance with the regulatory standard for real estate companies on July 2, 2012.
The Zug Estates Group plans, develops, builds, markets and manages properties, concentrating on central locations which enable a mix of housing, work and leisure facilities.
Metall Zug Ltd and Zug Estates Holding Ltd were advised as to the spin-off and the listing by Homburger. The Homburger team was led by partner Claude Lambert (Corporate | M&A) and includes associate Emanuel Dettwiler (Corporate | M&A) and partner Reto Heuberger (Tax).
For more information please visit www.homburger.ch