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Schoenherr Advises Italian OVS in Connection With Tender Offer for Retailer Charles Vogele

Schoenherr Advises Italian OVS in Connection With Tender Offer for Retailer Charles Vogele

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Schoenherr, working with the Swiss firm Bar & Karrer as lead counsel, is advising OVS S.p.A., a leading Italian clothing retailer, and Sempione Retail AG, in connection with Sempione Retail's cash tender offer for all publicly held bearer shares of Swiss company Charles Vogele Holding AG in Austria, Hungary, Slovenia, and Poland. The Swiss Homburger firm and investment bank Lazard advised Charles Vogele.

If the offer is successful, Schoenherr reports, the Charles Vogele stores in Germany and Charles Vogele's real estate in Switzerland will be sold to the European retailer and a Swiss investor, respectively, and the OVS brand will be rolled out in the Charles Vogele stores in Switzerland, Austria, Hungary and Slovenia.

The Schoenherr team advising OVS is led by Partners Florian Kusznier and Volker Weiss, supported by a team coordinated by Vienna-based Senior Associate Julia Wasserburger. The local teams were led by Budapest-based Partner Kinga Hetenyi, Warsaw-based Partner Katarzyna Terlecka, and Ljubljana-based Partner Marko Prusnik.

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