Kuoni says goodbye to the Stock Exchange

9 years ago - Published in Finance, Fundamental Analysis

SIX Swiss Exchange has accepted the request to exit from the Stock Exchange of Zurich-based Kuoni Group. The tour operator had requested on June 14 withdrawal of all its registered shares with a nominal value of one franc.

The output from the stock exchange will take place at a date yet to be determined, said SIX in a statement. The exact term will be announced five days earlier.

The Swedish investment fund EQT acquired Kuoni in mid-May. At the end of the public offer of purchase EQT it held 98,02% of the voting rights and 97.52% of the share capital of the Zurich-based group active in the travel industry.