{"id":44924,"date":"2024-10-28T11:17:37","date_gmt":"2024-10-28T11:17:37","guid":{"rendered":"https:\/\/my.legal500.com\/developments\/?post_type=press_releases&#038;p=44924"},"modified":"2024-10-28T11:18:12","modified_gmt":"2024-10-28T11:18:12","slug":"homburger-advises-liberty-global-and-sunrise-on-the-spin-off-and-listing-of-sunrise-on-the-six-and-nasdaq","status":"publish","type":"press_releases","link":"https:\/\/my.legal500.com\/developments\/press-releases\/homburger-advises-liberty-global-and-sunrise-on-the-spin-off-and-listing-of-sunrise-on-the-six-and-nasdaq\/","title":{"rendered":"Homburger advises Liberty Global and Sunrise on the Spin-off and Listing of Sunrise on the SIX and NASDAQ"},"content":{"rendered":"<p><strong>On October 16, 2024, Liberty Global Ltd. (NASDAQ: LBTYA, LBTYB and LBTYK) and Sunrise Communications AG (Sunrise) announced the key dates of the spin-off of Sunrise from Liberty Global.<\/strong><!--more--><span style=\"font-size: 1rem\">After the spin-off, Sunrise, which is Switzerland&#8217;s largest private telecommunications provider, will be an independent, separate publicly traded Swiss company.<\/span><\/p>\n<p>As part of the spin-off, Liberty Global shareholders will receive Sunrise Class A shares and Sunrise Class B shares in the form of Sunrise Class A ADSs and Sunrise Class B ADSs. The Sunrise Class A shares will be listed on the SIX Swiss Exchange (SIX) and the Sunrise Class A ADSs will be listed on the Nasdaq Global Select Market (NASDAQ). The spin-off is subject to approval by Liberty Global&#8217;s shareholders. The first day of trading on the NASDAQ and the SIX is scheduled for November 13 and 15, 2024, respectively.<\/p>\n<p>Homburger AG acts as Swiss counsel to Liberty Global and Sunrise. The Homburger team is led by Daniel Daeniker and Daniel (Danny) H\u00e4usermann and includes, among others, Carlo Sulser, Patrick Schmidt, Michael L\u00fcchinger, Marilena Balthasar, Felix Beltle and Paula Delissen (all Corporate \/ M&amp;A, Capital Markets), Stefan Oesterhelt, Laetitia Fracheboud, Juliette Buob and Tanja Niederer (all Tax), Andreas M\u00fcller, Jeremy Reichlin and Daniel B\u00f6tticher (all Employment and Executive Compensation), Richard St\u00e4uber and Christoph Gr\u00fcninger (all Competition, Regulatory), Gabriel Kasper (IP \/ IT), Sarah Fasel (Financing and Investment Products) and Daniel Junginger (Real Estate).<\/p>\n<hr \/>\n<p>&nbsp;<\/p>\n","protected":false},"featured_media":0,"template":"","class_list":["post-44924","press_releases","type-press_releases","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/press_releases\/44924","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/press_releases"}],"about":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/types\/press_releases"}],"wp:attachment":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/media?parent=44924"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}