AZ Medien Group increases stake in Vogt-Schild Holding
The AZ Medien Group, which holds a 17.5 percent stake in Solothurn-based Vogt-Schild Holding, is increasing this stake by an additional 17.5 percent to 35 percent.
AZ Medien Group, which holds a 17.5 percent stake in Solothurn-based Vogt-Schild Holding, is increasing this holding by a further 17.5 percent to 35 percent. The partnership between the AZ Medien Group and the holding company was already significantly strengthened in 2005, according to a press release issued on Thursday. At that time, it was decided to acquire a strong minority stake of 35 percent from Publigroupe in two stages. 17.5 percent went immediately to the AZ Medien Group. The acquisition of the second tranche of 17.5 percent has now been completed by the Boards of Directors of AZ Medien, Vogt-Schild Holding and Publigroupe. Dr. Jürg Schärer, Chairman of the Board of Directors of AZ Medien, and Prof. Dr. Georg Müller, member of the Board of Directors of AZ Medien, were newly elected to the Board of Directors of Vogt-Schild Holding. Max Bühlmann, former representative of Publigroupe, will remain on the Board of Directors of Vogt-Schild Holding as an additional representative of the Gottlieb and Hans Vogt Foundation.
