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on Infracore SA (isin : CH0467966740)

Infracore SA Commits to CHF 70 Million Offer for GZO Assets

Infracore SA has made a binding commitment to offer CHF 70 million for the real estate and operating assets of GZO AG Spital Wetzikon if the hospital's composition agreement fails. This agreement is under scrutiny from nine institutional creditors holding CHF 130 million in claims, who have expressed disapproval of the current terms.

The continuation of hospital operations is assured with the collaboration of Swiss Medical Network, a partner of Infracore. The offer excludes the hospital's cash and receivables, which remain available to creditors. Infracore has secured financing for this potential acquisition, and no public funds are involved.

Infracore CEO Eric Frey states that the company is providing an alternative solution requested by creditors. Details of the purchase offer will emerge once the failure of the agreement is confirmed.

R. P.

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