Switzerland

On March 10, 2025, Sunshine SwissCo GmbH (a consortium led by EQT), the Abu Dhabi Investment Authority (ADIA) and Auba Investment Pte. Ltd. (all acting as the Sellers) announced the launch of an accelerated bookbuilding process to professional investors in Switzerland and to qualified investors outside Switzerland, which led to the successful placement of 15,000,000 shares in Galderma Group AG (Galderma) at a price of CHF 89 per share (the Placement), raising a total of ca. CHF 1.335 bn in total.

On May 14, 2025, Raiffeisen Schweiz Genossenschaft successfully completed its issuance of CHF 170 m 0.85 per cent. fixed rate senior bonds due 2029, and CHF 310 m 1.1875 per cent. fixed rate senior bonds due 2032.

On May 6, 2025, OC Oerlikon announced that it has signed a definitive agreement for the divestment of its Barmag textile machinery business for manmade fibers to Rieter at an enterprise value of CHF 850 m with an earn-out of up to CHF 100 m.

IonQ, Inc., a leading commercial quantum computing and networking company, announced on May 6, 2025, the completion of its acquisition of a controlling stake in Geneva-based ID Quantique SA, a global leader in quantum-safe networking and quantum detection systems, from SK Telecom, the largest wireless telecommunications operator in South Korea.