Business · Companies · 2 hrs ago

EEII and Haute Capital Partners agree to exclusive talks on combination

EEII and Haute Capital Partners agree to exclusive talks on combination

EEII and Haute Capital Partners have agreed to exclusive talks about a possible strategic combination.

EEII is an investment company listed on Switzerland’s SIX exchange, while HCP is listed on BX Swiss.

The proposed deal would transfer all or nearly all of HCP’s holdings to EEII in exchange for newly issued EEII shares.

The companies are also considering whether HCP would buy additional new EEII shares for cash.

HCP’s shareholders could receive the EEII shares that HCP gets, but this would require the necessary approvals.

The exclusive period runs until the end of 2026, during which the companies plan to assess the businesses, conduct legal and financial checks, and prepare transaction documents.

The deal still depends on final contracts, approvals and other conditions, so it is not yet certain to go ahead.

1 source

Related