Highlight Event and Entertainment Group has had a PPA for Highlight Communications AG reconducted
Listed on the SIX Swiss Exchange, Highlight Event and Entertainment AG (HLEE) acts through its operating subsidiaries and affiliates mainly in the film, sports and event marketing segments. HLEE’s core competencies lie in the marketing of top international events, such as the UEFA Champions League, and brand development.
Due to the assumption of control in Highlight Communications AG, an independent new purchase price allocation had to be prepared. In particular, this involved the revaluation of the customer relationships and marketing contracts of the sports and event marketing segment.
Oaklins’ team in Switzerland was mandated to conduct this valuation work and to produce a purchase price allocation (PPA) in accordance with the requirements of IFRS 3.
Peter von Büren
CFO & Board member, Highlight Event and Entertainment AG
Talk to the deal team
Related deals
SRT Marine has completed a placing and subscription
SRT Marine Systems plc has announced an equity raise of at least US$22 million at US$1.10 per share representing a 5.75% discount, through a US$19.4 million accelerated bookbuild placing and a US$2 million subscription by Ocean Infinity, alongside a separate retail offer of up to US$1.3 million.
Learn moreSkynamo has been acquired by Klipboard
Klipboard, a global provider of vertical business management software, has completed the acquisition of Skynamo, a market-leading mobile field sales platform used by manufacturers, wholesalers and distributors worldwide. The acquisition adds Skynamo’s award-winning field sales platform to Klipboard’s portfolio and enhances its ability to support wholesalers, distributors and retailers in managing complex operations across many industries.
Learn moreOaklins DeSilva+Phillips represents ProcessUnity in its recent transaction
Oaklins DeSilva+Phillips was pleased to represent our client ProcessUnity, a leading provider of third-party risk management (TPRM) software, in its recently announced transaction with S&P Global.
Learn more