Sigma Kreditbank Aktiengesellschaft entered into a purchase agreement to acquire Volksbank Aktiengesellschaft from Volksbank Vorarlberg e. Gen. (WBAG:VVPS) on October 1, 2018. Sigma Kreditbank will own all shares in Volksbank Aktiengesellschaft post completion. The transaction is subject to customary closing conditions, including approval from regulatory authority. The final purchase price is still dependent on various provisions. The transaction will be reviewed by Sigma until the closing at the end of December 2018. As on March 1, 2019, Liechtenstein Financial Market Authority approved the acquisition. The closing of the deal is expected in Q1 2019. Severin Roelli, Beat Schwarz, Adam Weibel, Raphael Widmer and Sven Aschwanden of Pestalozzi acted as legal advisors for Volksbank Vorarlberg e. Gen.