Public tender offer for shares in Absolute Private Equity AG

On July 27, 2011 ACP Acquisition GmbH (ACP), which is ultimately controlled by David Abrams, published a partial public tender offer for a maximum of 8,716,521 shares of SIX-listed Absolute Private Equity AG. The offer period is expected to start on August 17, 2011 and end on September 13, 2011. ACP's partial offer is subject to a number of conditions, including an acceptance threshold of at least 4,358,261 Absolute-shares.

Lenz & Staehelin advises ACP in this transaction. The team includes Rudolf Tschäni, Hans- Jakob Diem, Tino Gaberthüel, Urs Reinwald and Harald Bärtschi (all Corporate, M&A) and Heini Rüdisühli (Tax).