JBF Finance SA has made an bid to acquire remaining 46.58% stake in Bobst Group SA (SWX:BOBNN) for approximately CHF 600 million on July 25, 2022. The offer price CHF 78 cash per share.vThe offer will be financed through bridge financing available to offeror under a credit facilities agreement with UBS and Credit Suisse, as arrangers, as well as from own funds. The offer will have no impact on board arrangements or employment agreements and arrangements of the members of the Executive Committee. The committee of independent directors unanimously recommended the offer. The offeror does not seek to conclude this transaction by the "squeeze-out" of shareholders. The offer period will start on September 20, 2022, until October 3, 2022, subject to extensions. As of October 4, 2022, the offer period has been extended till October 21, 2022. Dieter Gericke, Richard Stäuber, and Eduard De Zordi of Homburger AG acted as legal advisors to Bobst Group SA in the deal. Johannes Post and Rolf Langenegger of KPMG AG provided fairness opinion to Independent Board of Bobst. UBS AG acted as offer manager to JBF Finance. Marcel Jans, Oliver Ambs, Thomas Hulmann and Edgar Wohlhauser of BDO AG, Financial Advisory Arm acted as financial advisor to JBF Finance SA.

JBF Finance SA completed the acquisition of additional 30.45% minority stake in Bobst Group SA (SWX : BOBNN) for approximately CHF 390 million on October 21, 2022.