Bär & Karrer Ltd. | View firm profile
On 21 September 2017, an
extraordinary shareholders' meeting of the SIX Swiss Exchange listed
lastminute.com N.V. authorized the board of directors to repurchase up to 33
1/3% of the company's share capital by means of a partial self-tender offer.
The resolution adopted under Dutch law contained detailed information, among
others regarding the period for which the authorization is granted, the manner
in which the shares are repurchased and the price range within which the offer
price must be set.
Based on this resolution,
on 10 April 2018, lastminute.com published a partial self-tender offer for
around 15% of its share capital. The offer period runs from 25 April 2018 until
9 May 2018 and the offer price amounts to CHF 16.
Bär & Karrer is acting
as legal counsel of lastminute.com in connection with the partial self-tender
offer. The team includes Dieter Dubs and Fabienne Perlini-Frehner (both Listed
Companies and M&A) and Peter Reinarz (Tax).