Walder Wyss AG acts for JAB Holding  on sale of Bally International

JAB Holding, together with the management of the Swiss luxury shoes and accessories company, has entered into a share purchase agreement for the sale of control in Bally International A.G. to Shandong Ruyi Investment Holding, a leader in textiles and apparel in China. The transaction, which sees a reinvestment on the part of the management alongside Shandong Ruyi, remains subject to closing conditions including customary regulatory approvals. Walder Wyss AG acted as Swiss counsel to JAB Holding.

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