IFLR1000

Abegg Holding private placement of shares in Huber+Suhner

26/3/2019
Private placement of shares
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SFr 152 million

$ 152.964 million

Completed

26/3/2019

Overview:

  • Abegg Holding has sold 2 million shares in fiber optic cable manufacturing company Huber+Suhner by way of an accelerated bookbuilding.
  • The shares amounted to 10.04% and were priced at SFr75 per share, resulting in the transaction value of more than SFr152 million.

Rajeeb Gurung - Researcher

Jurisdiction:

Switzerland

Deal type:

Private placement of shares

Practice area:

Capital markets : Equity

Governing law:

Switzerland

Industry sectors:

Industrials and manufacturing
Technology and telecommunications

Firm:
Homburger

Party: Abegg Holding (Shareholder)

Lawyers: Daniel Hasler, Jürg Frick

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