Bär & Karrer acts as Swiss legal advisor to Valora in this transaction. The team of Bär & Karrer includes Christoph Neeracher, Luca Jagmetti, Raphael Annasohn, Raphael Egger and Sarah Nyfeler (all M&A) as well as Laura Widmer and Sabrina Schalcher (both employment). Gleiss Lutz acts as German legal advisor to Valora in this transaction.