On

29 August 2017, Talbot Holding AG, an entity controlled by investment company

Actium AG, launched an all cash public tender offer for all listed shares in

ImmoMentum AG, a Swiss real estate company listed on BX Berne eXchange invested

primarily in residential real estate. With the satisfaction of all offer

conditions, the offer was successfully settled on 10 November 2017. As a

result, Talbot Holding holds 99.67% of the voting rights and share capital of

ImmoMentum.

The

management team of ImmoMentum participated in the tender offer by re-investing

in a minority stake in Talbot Holding and entering into a shareholders'

agreement with Actium AG. The tender offer was partially financed with credit

facilities structured and made available by UBS Switzerland AG, which also

acted as Lead M&A Advisor and Tender Agent.

Bär

& Karrer acts as legal advisor to Talbot Holding and Actium. The team

includes Till Spillmann, Adrian Koller, Ivo von Büren, Dieter Dubs, Daniel

Bader, Susanne Schreiber, Peter Reinarz, Cédric Chapuis, Markus Mühlemann,

Fabienne Perlini-Frehner and Cyrill Diefenbacher.