Bär & Karrer Advises the Shareholders of ERNI Real Estate on the Sale

ERNI Real Estate AG and its subsidiary ERNI Liegenschaften AG own a property of approximately 16,000 m2 in Wangen-Brüttisellen. The property comprises two buildings and an area of 12,000 m2 with development potential. The shareholders of ERNI Real Estate AG have sold their shares to Mobimo Holding AG.

Bär & Karrer Advised AgEagle on the Acquisition of senseFly

AgEagle Aerial Systems Inc. (“AgEagle”), an industry-leading provider of drones, sensors and software listed on the New York Stock Exchange, and Parrot, a leading European drone group, entered into an agreement under which AgEagle acquired senseFly, a Parrot Group wholly-owned subsidiary, in a cash and stock transaction. Founded in 2009 and headquartered in Lausanne, senseFly …

Bär & Karrer Advises IBM on the Spin-off of Kyndryl in Switzerland

IBM Switzerland spun off its managed infrastructure services business to Kyndryl Switzerland in support of the separation of that business globally from IBM to Kyndryl. Kyndryl is now trading on the New York Stock Exchange.

Bär & Karrer Advises Novartis on the Sale of its Roche Stake

On 3 November 2021, Novartis agreed to sell 53.3 million Roche bearer shares in a bilateral transaction to Roche for a consideration of USD 20.7 billion.

Bär & Karrer Advises the Sellers on the Sale of SpecPage

The shareholders of SpecPage, a global provider of integrated software solutions and online tools for the recipe-based manufacturing industry, have sold their shares to Revalize, a worldwide provider of sector-specific revenue operations software for manufacturers, their distributors and their specifiers.

Bär & Karrer Advised Chubb in the Placement of USD 1.6 Billion Senior Notes

On 15 September 2021, Chubb INA Holdings Inc. has priced the offering of USD 600 million Senior Notes due 2051 with an interest rate of 2.850% and USD 1 billion Senior Notes due 2061 with an interest rate of 3.050%. The Senior Notes are unconditionally guaranteed by Chubb Limited, Zurich, Switzerland, and are registered on …

Bär & Karrer Advised iRobot on the Acquisition of Aeris Group

iRobot, a leading developer for consumer robots has acquired Aeris Cleantec Group. Founded in 2015, Aeris Cleantec is a rapidly growing company that develops and distributes high-quality air purifiers worldwide.

Bär & Karrer Advises Vifor Pharma in USD 11.7 Billion Transaction

On 14 December 2021, global biotechnology leader CSL Limited announced a tender offer for all shares in Vifor Pharma Ltd, a global specialty pharmaceutical company with leadership in iron deficiency, nephrology & cardio-renal therapies. The offer values Vifor Pharma at USD 11.7 / CHF 10.9 billion.

Bär & Karrer Advises the Founding Shareholders on the Sale of Appway to FNZ

FNZ, a leading global wealth management platform, has agreed to acquire Appway from its founding shareholders and Summit Partners. Appway is a leader in client onboarding and client servicing for financial institutions. The transaction is due to be completed early in the first quarter of 2022.

Bär & Karrer Advises TA Associates on its Investment in Adcubum

TA Associates, a leading global growth private equity firm, made a strategic growth investment in Adcubum AG, a leading Swiss health and property & casualty (P&C) insurance software provider, and tech11 GmbH, a fast-growing insurance software provider serving the P&C market in Germany and across Europe.