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The PwC Switzerland Deals team is pleased to announce that NZZ has acquired a 25% stake in APG|SGA. PwC provided vendor commercial due diligence services to APG|SGA.
NZZ, a leading Swiss media group, acquires a total shareholding of 25% in APG|SGA SA, the leading out-of-home media company in Switzerland from the existing shareholders JCDecaux SE and Pargesa Asset Management S.A. (a wholly owned subsidiary of the Belgian CNP Group). An agreement for this transaction was signed by the parties. The shares will be acquired at a price of CHF 220 per share. The transaction is expected to be completed in the coming days.
The PwC team
- Claudio Prante (Partner)
- Bogdan Sutter (Director)
- Matthias Kind (Senior Manager)
- Aurélie Lutz (Senior Associate)
- David Kolcava (Senior Associate)
- Raphael Benyamine (Senior Associate)
