Signed, Sealed, Weekend – Sept. 19
Hello everyone, welcome to our weekly newsletter, SSW. Let’s go through the news highlights of this week now coming to an end.
Advestra advised SGS in connection with the issuance of EUR 1 billion bonds.The operation featured two tranches of EUR 500 million each, issued through SGS’s subsidiary SGS Nederland Holding and guaranteed by SGS SA.
Wenger Vieli advised the shareholders of Swiss-based individualised rehabilitation specialist SKS Rehab in connection with its merger with Roltec El-Kørestole, leading to the formation of the new SKS Roltec Group.Moreover, the SKS Roltec Group will become part of the international Eqwal Group, a globally active provider of support for people with disabilities.
Lenz & Staehelin has successfully defended Swiss telecom provider Swisscom, in a competition law investigation. The investigation pivoted around the case by which Swisscom had charged too high prices in various tenders for projects to network company locations as well as towards its competitors for accessing its broadband network infrastructure. In its decision, the Competition Commission held that Swisscom did not actually abuse a dominant position and therefore did not infringe Competition Law.