Liechtensteinische Landesbank Aktiengesellschaft (SWX:LLBN) made an offer to acquire remaining 25.1% stake in Bank Linth LLB AG (SWX:LINN) for approximately CHF 600 million on January 27, 2022. LLB offers an attractive premium and the choice between a partial exchange offer with a cash component or a full cash settlement. The partial exchange offer comprises 5 LLB shares as well as a cash component of CHF 323.

The cash settlement amounts to CHF 600 million. The acquisition will be financed from LLB's own funds. The Board of Directors of Bank Linth recommends that shareholders accept the offer.

Dieter Dubs, Peter Hsu and Cédric Chapuis, Lukas Roesler of Bär & Karrer Ltd. acted as legal advisor to Liechtensteinische Landesbank Aktiengesellschaft. Ernst & Young Global Limited acted as financial advisor to Liechtensteinische Landesbank Aktiengesellschaft (SWX:LLBN).