Schoenherr is advising OVS, a leading Italian clothing retailer, and Sempione Retail in connection with Sempione Retail’s cash tender offer for all publicly held bearer shares of Swiss company Charles Vögele in Austria, Hungary, Slovenia and Poland.
If the offer is successful, the Charles Vögele stores in Germany and Charles Vögele’s real estate in Switzerland will be sold to a European retailer and a Swiss investor, respectively, and the OVS brand will be rolled out in the Charles Vögele stores in Switzerland, Austria, Hungary and Slovenia.
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