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Bär & Karrer Advises Alpine Select on Public Share Buy-back.
On 10 January 2017, Alpine Select
Ltd, Zug, invited to an extraordinary shareholders' meeting which will take
place on 7 February 2017. At this shareholders' meeting, the shareholders will,
among other things, vote on a capital reduction through the cancellation of
shares which have been repurchased under a share buy-back program at a fixed
price.
The
share buy-back program related to a maximum of 3,580,000 own shares, corresponding
to around 25% of Alpine Select's share capital registered with the commercial
register, and was settled with value date 30 December 2016.
Bär & Karrer acted as Alpine Select's
legal counsel in connection with the public share buy-back program. The team included
Dieter Dubs and Fabienne Perlini (both Listed Companies and M&A).