Migros Acquires Participation in Digitec

Migros-Genossenschafts-Bund acquires a 30%-stake in Galaxus AG. Galaxus AG operates the online shops www.galaxus.com and www.digitec.ch. Digitec is a retailer in information technology and entertainment electronics. The transaction is subject to customary regulatory approvals.

Bär & Karrer acted as legal counsel of Migros-Genossenschafts-Bund. The Bär & Karrer team included Christoph Neeracher (overall lead, M&A), Corrado Rampini, Simon Meyer und Georg Frey (all M&A), Raoul Stocker (Tax) and Markus Wang (IP).