Bär & Karrer Advises Allianz Suisse on Reinsurance Solution for Legacy Portfolio of Individual Life Products
The persistent low interest rate environment over the past few years has prompted changes in the life insurance industry. Against this backdrop, Allianz Suisse Lebensversicherungs-Gesellschaft AG and the reinsurance company Resolution Re Ltd. have agreed on an innovative reinsurance solution to hedge interest rate commitments. Under the agreement, Resolution Re Ltd. will take over the …
Bär & Karrer Advised Tecan on Placement of Shares by Way of an Accelerated Bookbuilding
Tecan Group Ltd. (SIX Swiss Exchange: TECN) has successfully placed 650,000 new registered shares in a private placement by way of an accelerated bookbuilding and completed a capital increase of approx. CHF 360 million to partially refinance the acquisition of Paramit Corporation. The offer price was set at CHF 550 per share. Credit Suisse Ltd. …
Bär & Karrer Advises the Sellers on the Sale of Montana Capital Partners to PGIM Holdings Limited
The shareholders of Montana Capital Partners, a European-based private equity secondaries asset manager, have entered into a share purchase agreement regarding the sale of all shares to PGIM, the global investment management business of Prudential Financial, Inc. Completion is subject to regulatory approval.
Bär & Karrer Advises Triton on the Acquisition of Swiss IT Security Group
Bär & Karrer advises Triton Fund V advised by Triton on the acquisition of Swiss IT Security Group, a leading cyber security services provider in the DACH and Benelux regions, from Ufenau Capital Partners. The transaction is subject to regulatory approvals.
Bär & Karrer Advises Deutsche Börse on the Acquisition of a Majority Stake in Crypto Finance
Deutsche Börse AG acquires a majority stake in Crypto Finance AG, a financial group under consolidated FINMA supervision that offers trading, storage, and investment in digital assets to institutional and professional clients.
Bär & Karrer Advises Tecan on Financing the Acquisition of Paramit Corporation
The SIX Swiss Exchange listed Tecan Group entered into an agreement to acquire US-based Paramit Corporation for a total purchase consideration of USD 1.0 billion. Paramit, headquartered in Morgan Hill (California/USA), is a leading OEM developer and manufacturer of medical devices and life sciences instruments.
Deutsche Börse Acquires Remaining Stake in Clearstream Fund Centre from UBS
Deutsche Börse AG acquires the remaining 49% stake in Clearstream Fund Centre AG from UBS AG for CHF 390 million and becomes the sole shareholder of Clearstream Fund Centre, a leading European fund distribution platform. The acquisition of the initial 51% stake had closed on 30 September 2020.
Bär & Karrer Advises GENUI on the Acquisition of labor team w
Doctors and laboratory specialists, together with the investment firm GENUI, acquired labor team w ag, one of the leading private medical laboratories in Switzerland. The laboratory provides professional services for the prevention, diagnosis, monitoring and treatment of diseases throughout Switzerland.
Bär & Karrer Advises Lonza on the Entering into a Strategic Partnership with Sanofi
Today, Lonza and Sanofi announced that they have entered into a strategic partnership to build and operate a large-scale mammalian cell culture facility for monoclonal antibody production in Visp, Switzerland. The large-scale facility will be established through a joint venture with an initial investment of around CHF 290 million shared equally between Lonza and Sanofi. …
Bär & Karrer Advises the Owners on the Sale of a Majority in FOSTAG
The owners of Fostag Formenbau AG (FOSTAG), a leading manufacturer of high performance injection moulds for medical, thin wall packaging and closure applications, have sold a majority in FOSTAG to a group of Swiss private investors led by BLR Partners.