Swiss Prime Site AG (SWX:SPSN) agreed to acquire Akara Funds AG on December 16, 2021. The acquisition will be financed through 35% Swiss Prime Site shares of authorised capital earmarked for this purpose. The rest of the transaction will be paid from freely available funds.

The transaction is expected to be completed in mid-January 2022 with retroactive effect from January 1, 2022. Daniel Hasler of Homburger acted as legal advisor to Swiss Prime Site AG. acted as dur diligence provider to Swiss Prime Site AG (SWX:SPSN).

Ulysses von Salis and Thomas Graf of Niederer, Kraft & Frey acted as legal advisor to Akara.