<iframe src="//www.googletagmanager.com/ns.html?id=GTM-MX3DVL" height="0" width="0" style="display:none;visibility:hidden"></iframe>Pestalozzi advises Swiss Life in the planned spin-off of Implenia's real estate development portfolio | Pestalozzi Attorneys at Law

Pestalozzi advises Swiss Life in the planned spin-off of Implenia's real estate development portfolio

Publicly listed construction company Implenia (SWX: IMPN) plans to spin off part of its real estate development portfolio in a new listed company Ina Invest Holding. Major Swiss life insurance company Swiss Life (SWX: SLHN) will become the anchor investor in Ina Invest Holding with a planned stake of up to 15%. The portfolio is reported to have a current fair market value of about CHF 300m. The transaction is subject to the approval by Implenia's shareholders and usual closing conditions.
Pestalozzi is advising Swiss Life on all aspects of the transaction.

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