Published on 10/24/2014 by Christian Jecker
MCH Swiss Exhibition (Basel) Ltd., a company belonging to MCH Group Ltd. in Basel, is acquiring the remaining 40% of the shares in Asian Art Fairs Limited in Hong Kong on 24 October 2014, having held 60% of the shares since 1 July 2011. The acquisition of the majority holding at that time was coupled with the option of acquiring the company in its entirety in 2014. MCH Group is now taking up this option. The parties have agreed not to disclose the purchase price or other details of the contract.