Bär & Karrer wins Europe Women in Business Law Award
Bär & Karrer is pleased to announce that partner Tina Wüstemann, who heads the private clients team, won the title 'Best in trusts & estates' at the Europe Women in Business Law Awards ceremony on 15 June 2017 in London. This is the second time Tina Wüstemann wins this award. In addition, partner and dispute …
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Bär & Karrer Advises Groupe Acrotec on its Placement of CHF 70 Million 3.75% Bonds
Groupe Acrotec SA, a high precision manufacturer of small components and specialised service provider for the watchmaking and industrial sectors, has completed the placement of CHF 70 million 3.75% bonds due 2023. The bonds were issued at 100% of their principal amount and, unless previously redeemed or repurchased and cancelled, will mature on 14 June …
Bär & Karrer Advised UBS on its Shared Services Transfer to UBS Business Solutions AG
Through a series of transactions which were completed for the most part in early June, UBS AG and other UBS group companies transferred group shared services functions, which are mainly based in Switzerland, in the UK and the US, to UBS Business Solutions AG and other related service companies. UBS Business Solutions AG now operates …
Bär & Karrer Advises Huntsman Corporation on All-stock Merger of Equals with Clariant
On 22 May 2017, SIX Swiss Exchange (SIX) listed Clariant AG and Huntsman Corporation, which is listed on the New York Stock Exchange (NYSE), announced that their Boards of Directors approved a definite agreement to combine in a cross-border merger of equals through an all-stock transaction. The combination of both companies will create a leading …
Bär & Karrer boosts Tax Practice with new Partner in Geneva
Bär & Karrer announces that Christoph Suter has been elected as partner to lead the tax practice in Geneva as of 1 October 2017.
Bär & Karrer Successful in Large Arbitration Proceeding
Bär & Karrer successfully defends the interests of its long standing client EnBW Energie Baden-Württemberg AG in a CHF 1 billion ad hoc-arbitration proceeding in Zurich instituted by a German entrepreneur four years ago. In its final award, the tribunal dismissed the plaintiff's claim in its entirety and awarded Bär & Karrer's client full compensation …
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Bär & Karrer Advises CVC on the Acquisition of a Majority Stake in Breitling
CVC Fund VI has agreed to acquire an 80% stake in Breitling, a leading independent, family-owned manufacturer of Swiss luxury watches. As part of the transaction, Théodore Schneider will re-invest for a 20% shareholding in Breitling. Closing of the transaction is subject to approval by the relevant competition authorities. Bär & Karrer acted as Swiss …
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Bär & Karrer Advises EQT and Kuoni Group on the Combination of Kuoni’s GTA Business with Hotelbeds
Kuoni Travel Holding Ltd, owned by EQT VII, a fund of the private equity group EQT, and the Kuoni and Hugentobler Foundation, has entered into a binding agreement on the sale of its GTD business division (GTA) to Hotelbeds Group, owned by a consortium led by Cinven und Canada Pension Plan Investment Board (CPPIB). The …
Bär & Karrer Advises Hellman & Friedman and GIC on the Acquisition of Allfunds
On 7 March 2017 Hellman & Friedman and GIC acquired Allfunds Bank, S.A. from Intesa Sanpaolo Group, Santander Group, General Atlantic and Warburg Pincus. Allfunds Bank is a leading financial technology business. The transaction is valued at EUR 1.8 billion and is subject to customary closing conditions. Bär & Karrer acted as Swiss legal advisor …
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Bär & Karrer Advises an Affiliate of Warburg Pincus on the Acquisition of a Stake in Avaloq
Warburg Pincus, a leading global private equity firm, has entered into an agreement to acquire approximately 35% shareholding in the Avaloq Group AG. Avaloq is an internationally leading FinTech company based in Switzerland. With its integrated business process outsourcing services, Avaloq is the only independent provider for the financial industry that does both, developing and …