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On 19 September 2016, Sempione Retail, a company owned by OVS, Retails Investment and Elarof Trust, launched an all-cash public tender offer for all listed shares in Charles Vögele Holding.
With the satisfaction of all its conditions, the offer was settled on 16 December 2016. Sempione Retail currently controls 95 per cent of the voting rights and the share capital of Charles Vögele Holding.
Bär & Karrer acts as legal adviser to OVS and Sempione Retail. The team includes Rolf Watter, Dieter Dubs, Phyllis Scholl, Daniel Küpfer, Cyril Tschudin (all M&A) as well as Corrado Rampini and Oliver Rüdlinger (real estate), Mani Reinert (competition law), Till Spillmann, Ivo von Büren and Pierina Janett (financing) and Susanne Schreiber and Francesco Carelli (tax).
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