Al Faisaliah Group Holding Co. Ltd. made a public purchase offer to acquire an additional 10% stake in Zur Rose Group AG for CHF 30.4 million on December 21, 2016. Al Faisaliah made the offer for 0.1 million registered shares of Zur Rose at CHF 76 per share. Al Faisaliah intends to increase its stake in Zur Rose Group (ZRG) thereby becoming the larger minority shareholder of ZRG. The deal is subject to the requirements of the fulfillment of the offer conditions. Part of the offer conditions are, among others, a minimum tender ratio of 0.1 million ZRG shares and the approval of the Board of Directors of ZRG. Al Faisaliah reserves the right to accept additional tendered ZRG shares up to a maximum of 0.4 million ZRG shares or to reduce pro rata the number of ZRG shares accepted for tendering to a minimum of 0.1 million ZRG shares. The offer is open for acceptance from December 21, 2016 up to January 13, 2017, and the completion is scheduled on January 20, 2017. Dieter Dubs and Fabienne Perlini of Bär & Karrer AG acted as legal advisor to Al Faisaliah Group Holding. Al Faisaliah Group Holding Co. Ltd. completed the acquisition of an additional 6.25% stake in Zur Rose Group AG for CHF 19 million on January 13, 2017. Al Faisaliah acquired 0.25 million shares of Zur Rose at CHF 76 per share. The offer condition of minimum tender has been satisfied.