Bär & Karrer Advises Ares Management

Ares Management Corporation (“Ares”), a global alternative investment manager, that invests across Credit, Private Equity and Real Estate, invested in Peach Property Group AG (“Peach”) by subscribing to approx. CHF 150 million of a mandatory convertible bond issued by Peach, a real estate company listed on SIX Swiss Exchange. With a shareholding of approx. 30 percent, …

Bär & Karrer Advises the Shareholders on the Sale of a Majority Interest in Amorana.ch to Lovehoney

The shareholders of Bluebox Shop AG, operator of the online erotic store Amorana.ch, have sold a majority of their shares to Lovehoney Limited, a portfolio company of Telemos Capital.

Bär & Karrer Advises Swiss International Air Lines and Edelweiss Air on its CHF 1.5 Billion Credit

Swiss International Air Lines AG and Edelweiss Air AG have entered into a CHF 1.5 billion revolving credit facility agreement with Credit Suisse (Schweiz) AG and UBS Switzerland AG as mandated lead arrangers, coordinators and lenders and additional banks as part of a syndicate. The Swiss Confederation, represented by the Swiss Federal Department of the …

Swiss investment firm Capvis has agreed to acquire a majority stake in BSI Business Systems Integration AG

Swiss investment firm Capvis has agreed to acquire a majority stake in BSI Business Systems Integration AG, a customer relationship management (CRM) software solution provider that operates primarily in Switzerland, Germany and Austria.

Bär & Karrer Advised the International Surfing Association (ISA) in a Landmark Decision

On 6 August 2020, The Court of Arbitration for Sport (CAS) reached a decision on a dispute between the International Surfing Association (ISA) and the International Canoe Federation (ICF), to award the governance of the sport of Stand-Up Paddelboard (SUP) at Olympic Level to the ISA. Both International Federations claimed that the governance of SUP …

Bär & Karrer Advised the Banking Syndicate on the Placement of New Shares of Molecular Partners

Molecular Partners successfully placed 5’528’089 new shares to institutional investors by way of an accelerated book-building process in a private placement. The offer price was set at CHF 14.50 per share. The gross proceeds from the placement amounted to CHF 80.2 million. The proceeds from the capital increase will be used to fund research & …

Bär & Karrer advises Migros-Genossenschafts-Bund on the Sale of Shopping Center 

Migros-Genossenschafts-Bund sold the shopping center Glatt to Swiss Life AG. The Glattzentrum in Wallisellen (ZH) is one of Switzerland’s largest and most popular shopping centers. Bär & Karrer advised the Migros-Genossenschafts-Bund on the sale. The Team included Corrado Rampini and Kilian Müller (both Real Estate), as well as Christoph Neeracher and Raphael Annasohn (both M&A).

Bär & Karrer Advises Majority Shareholders of Alpiq Holding in Public Offer

Schweizer Kraftwerksbeteiligungs-AG, a subsidiary of CSA Energy-Infrastructure Switzerland, acting in concert with Primeo Energy/KSM and EOS Holding, launched a public tender offer on all publicly held shares in Alpiq Holding, which was completed in October 2019. Subsequently a squeeze-out merger was resolved, which was completed on 29 June 2020. As a result of these transactions, …

Bär & Karrer Advised Pregnolia in Series A Financing Round

Pregnolia AG, a femtech startup company, has successfully raised over CHF 4 million in its Series A financing round. Pregnolia specialises in the early diagnosis of premature birth.

Bär & Karrer Advises Lupa Systems, the Likely New Anchor Shareholder in MCH Group

On 10 July 2020, MCH Group AG announced a comprehensive set of measures, including a new anchor investor, Lupa Systems LLC, an independent private investment company owned by James Murdoch.