Progress in Merger Talks Between Ina Invest and Cham Group

The merger discussions between Ina Invest and Cham Group have advanced, according to a recent announcement. Subject to the successful conclusion of ongoing negotiations, the merger is expected to be presented to shareholders at the general meetings of the two companies on March 31, 2025. Implenia AG, holding about a 40% stake in Ina Invest, supports the talks, as the merger would create a prominent Swiss real estate entity.

The potential alliance would boast a high-quality portfolio across key Swiss metropolitan areas and offer enhanced flexibility in project management and financing. Implenia's estimated stake in the new company is approximately 14%, contingent on end-of-year results and valuations. This merger would replace existing agreements between Ina Invest and Implenia with strategic partnerships, including a one-off payment of CHF 31 million to Implenia next year.