Highlight Event and Entertainment AG (SWX:HLEE) signed a purchase agreement to acquire an additional 19.71% stake in Highlight Communications AG (XTRA:HLG) from Constantin Medien AG (XTRA:EV4) for €64.6 million on March 22, 2018. Highlight Event and Entertainment acquired approximately 12.42 million shares at a price of €5.2 per share. With the approval of the Group Financing Special Committee of the Supervisory Board, the Management Board of Constantin Medien AG voted to sell the shares. As a result of the transaction, Constantin Medien's full repayment of the existing corporate bond 2013/2018 is guaranteed. Philipp Grenzebach, Simon Weiß and Christian Krohs of McDermott Will & Emery Rechtsanwälte Steuerberater LLP acted as legal advisors for Constantin Medien.

Highlight Event and Entertainment AG (SWX:HLEE) completed the acquisition of an additional 19.71% stake in Highlight Communications AG (XTRA:HLG) from Constantin Medien AG (XTRA:EV4) at the end of March 2018. As a result of the acquisition, Highlight Event and Entertainment increased its stake in Highlight Communications from 25% to 44.71%.