BigPoint sells significant interest in Swiss Steel to PCS Holding

On May 20, 2021, BigPoint Holding AG, controlled by entrepreneur Martin Haefner, has entered into a definitive agreement with PCS Holding AG, controlled by entrepreneur Peter Spuhler, regarding the sale of 306,000,000 shares of Swiss Steel Holding AG, corresponding to 10.00% of the share capital and voting rights of Swiss Steel, for an undisclosed consideration. The transaction closed on May 21, 2021.

Lenz & Staehelin advised BigPoint in this transaction. The team included Corporate Partner Hans-Jakob Diem and Associates Simone Ehrsam and Ann Weibel.