On 18 September 2024, Valartis AG, a subsidiary of Valartis Group AG (SIX: VLRT) and ENR Russia Invest SA (SIX: RUS; “ENR”), announced that they had entered into an agreement under which Valartis AG agreed to launch a public tender offer to acquire all of ENR’s publicly held bearer shares for CHF 5.60 in cash per share.
Advestra advises ENR in the transaction. The team includes Andreas Hinsen, Daniel Raun and Fabian Wild (all Corporate | M&A) as well as Céline Martin (Tax).