Press release: New major shareholders at Valora

 According to a press report, new major shareholders have joined the kiosk operator Valora - but it is not Axel Springer, as was previously rumored. According to the business magazine Bilanz, a group led by Adriano Agosti has acquired an 11.01 percent stake. The group of investors includes Agosti's financial company GoldenPeaks Capital Partners in Zug, the two private banks Lombard Odier Darier Hentsch and Pictet as well as the small cap specialists 3V Asset Management, as Agosti confirmed to Bilanz. According to the business magazine, the Ticino-based investor Tito Tettamanti, who was active together with Agosti at SIG, where he brought about a takeover of the packaging group, is not involved. The new major shareholders are also likely to ultimately aim for a takeover of Valora, according to a press release from the magazine, which is itself published by Axel Springer. The Tamedia newspaper Finanz und Wirtschaft recently reported that Axel Springer wanted to take over Valora; this assumption has not yet been confirmed. At the end of August, Valora published surprisingly weak half-year results, with the previously stable kiosk business being particularly disappointing. After the share price had halved since the beginning of the year, it has recovered in recent days on conspicuously high volumes.