VERAISON Investment in Goldbach Group shortly before successful completion

VERAISON Investment in Goldbach Group shortly before successful completion

VERAISON is an anchor investor of Goldbach Group since inception of the VERAISON SICAV – Engagement Fund with a participation of 19.1% of the share capital. The Swiss Federal Competition Commission (COMCO) has now approved the takeover of Goldbach Group by Tamedia without any requirements or conditions. We welcome the decision of COMCO. VERAISON as strategic shareholder supported the partnership announced in December and was confident that the transaction would be approved.

The execution of the tendered 19.1% stake of VERAISION is expected to take place within the next ten trading days. VERAISON can therefore successfully complete its engagement. Goldbach shareholders will profit from a value appreciation of approximately 100% during the last three years. At the same time Goldbach is in an ideal position to continue developing its business successfully.

Link to media release