LANDI Hombrechtikon Genossenschaft and LANDI Stäfa-Männedorf are merging to form LANDI Zürichsee with retroactive effect from 1 January 2023. Both companies are part of the fenaco-LANDI Group and have the same business areas (retail
Credit Suisse Group and UBS Group have completed their merger as of 12 June 2023, whereby Credit Suisse Group has been merged into UBS Group. The combined entity now operates as a consolidated banking group. The merger
TVS Motor Company has acquired the remaining stake in Swiss E-Mobility Group (SEMG) from Constellation Capital and certain minority shareholders in an all-cash transaction. SEMG is a market leading provider of e-mobility solutions in the
Baker & McKenzie advises GF in the acquisition of Uponor
Baker McKenzie advised Georg Fischer (GF) in a voluntary recommended public cash tender offer for all shares in Finnish piping system specialist Uponor. On 12 June 2023, GF and Uponor entered into a combination agreement. The total
Walder Wyss advised UBS Switzerland as mandated lead arranger, underwriter and fronting bank on a syndicated credit facilites agreement for Groupe Baume to finance the acquisition of certain participations in the companies of the group
Perigon, a Sihl Group entity, has entered into a purchase agreement regarding the acquisition of the shares of Trichord. from its shareholders. With this deal, Equistone portfolio company Sihl Group becomes a full-range supplier of
On June 8, 2023, Zürcher Kantonalbank has successfully completed its inaugural EUR Bail-in Bond issuance in the amount of EUR 500 million. ZKB’s Bail-in Bonds are novel instruments which have been designed and issued on the
Chantal Lutz, lawyer at Domenig & Partner Rechtsanwälte, has been elected to the Board of Directors at the general meeting of Bank WIR. Lutz is a senior associate at the Bern law firm, working
In the pilot case of a PostFinance customer against PostFinance, the question is whether the customer must accept a negative balance on his account that arose due to a software error with the payment processor
SSP Group, a renowned operator of food and beverage outlets in travel locations worldwide, has announced that it has acquired rights to develop the Pret A Manger (“PRET”) franchise in German-speaking Switzerland. As part of