Pestalozzi advises Ringier on its sale of 49 percent of the shares in Scout24 Schweiz AG to KKR
Ringier, Switzerland's leading international media enterprise, has agreed on a long-term relationship with KKR, a leading global investment firm. KKR will acquire 49 percent of the shares in each of Ringier Digital AG's subsidiaries Scout24 Schweiz AG and Omnimedia AG. Scout24 Schweiz AG comprises online marketplaces for motor vehicles (autoscout24.ch, motoscout24.ch) and real estate (immoscout24.ch) as well as the anibis.ch general classifieds marketplace. Pestalozzi advised Ringier on all legal aspects of the transaction.