Tamedia publishes offer prospectus for Goldbach takeover
On Friday, February 2, 2018, Tamedia published the offer prospectus for the takeover of the Goldbach Group at CHF 35.50 per share. The offer period begins on Tuesday, February 19 and runs until Friday, March 16, 2018. Together, Tamedia and Goldbach want to strengthen the Swiss advertising market and their international competitiveness.
As announced, the Swiss media group Tamedia published the detailed offer prospectus for the takeover of the Goldbach Group (ISIN CH0004870942) on Friday. Tamedia is offering CHF 35.50 per Goldbach Group share, less any dividend paid out prior to the completion of the purchase offer. The offer period begins on Tuesday, February 19 and lasts until Friday, March 16, 2018, at 4:00 pm. The offer period may be extended.
The Board of Directors of the Goldbach Group recommends that shareholders accept the offer. Dr. Beat Curti and Veraison Sicav, the two largest shareholders of the Goldbach Group, have held out the prospect of tendering their shares to Tamedia. Dr. Beat Curti and companies controlled by him currently hold a total of 19.84 percent of the shares (excluding options) of the Goldbach Group. Veraison Sicav, represented by Veraison Capital, holds 19.09 percent of the company's shares.
On December 22, 2017, the Swiss media group Tamedia announced its intention to take over the advertising marketer Goldbach Group. The two
With this strategic partnership, the two companies are pursuing the goal of strengthening the Swiss advertising market and further developing international offerings, particularly in Germany and Austria. The partnership is intended to meet the needs of advertising customers for innovative forms of advertising. In addition, together with Neo Advertising, in which Tamedia will also acquire a majority holding, the out-of-home advertising business is to be promoted.
Important note: This announcement does not constitute an offer to purchase securities of Goldbach Group. The text of the pre-announcement, the offer prospectus and all information on the offer restrictions can be found at here can be retrieved.
