News & Media Information

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2 February 2016

Kuoni Group’s Board of Directors supports announced public tender offer by private equity company EQT

EQT announces an all cash public tender offer for all publicly held registered shares of Kuoni Travel Holding Ltd. (SIX: KUNN) for a price of CHF 370.00 per share

The offer represents a premium of 34.1% to the current 60-day volume weighted average share price ("VWAP") and a 60.0% premium to the VWAP before 5 January 2016, when Kuoni confirmed early stage discussions with potential bidders

EQT ownership will enable Kuoni Group to accelerate growth and further strengthen its leading market positions

Kuoni Group CEO Zubin Karkaria and current management team continue to lead the company into the future

Kuoni and Hugentobler Foundation supports the transaction and remains actively involved

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