ARBONIA

Arbonia has initiated a squeeze-out procedure

Arbon, 15 February 2017 – After the successful completion by Arbonia AG ("Arbonia") of the public purchase and exchange offer for all publicly held registered shares in Looser Holding AG, Arbon ("Looser"), Arbonia held a total of 97.53% of the Looser share capital. Following additional acquisitions of Looser shares, Arbonia's total shareholding rose to over 98%. Accordingly, Arbonia yesterday filed a lawsuit with the competent court in the canton of Thurgau regarding the invalidation of the remaining Looser shares pursuant to Article 137 of the Swiss Federal Act on Financial Market Infrastructures.

 

Contact
Alexander von Witzleben
Chairman of the Board of Directors and CEO

Fabienne Zürcher
Head of Corporate Communications
T +41 71 447 45 54
fabienne.zuercher(at)arbonia.com 

 

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