Valartis AG announces public tender offer for all shares of ENR Russia Invest SA

Valartis AG (Valartis), a subsidiary of Valartis Group AG whose shares are listed on SIX Swiss Exchange, and ENR Russia Invest SA announced that they have entered into a definitive agreement under which Valartis agreed to submit an all-cash public tender offer for all publicly held bearer shares of ENR Russia Invest SA for CHF 5.60 per share. Valartis published the pre-announcement on September 18, 2024. The offer prospectus is expected to be published in October 2024. 

Lenz & Staehelin advises Valartis in this transaction.