Global insurance provider Zurich Insurance Group (‘Zurich’) has enlisted the legal counsel of Freshfields Bruckhaus Deringer (Freshfields) for its acquisition of a majority stake in India’s Kotak Mahindra General Insurance Company Limited (Kotak General Insurance) from parent company Kotak Mahindra Bank Limited (Kotak Mahindra Bank). The transaction, finalized on November 2, 2023, amounts to US$488 […]
Niederer Kraft Frey has advised R&S Group, a renowned provider of electrical infrastructure components in Switzerland and international markets, and CGS Management on the entry into a Business Combination Agreement with VT5 Acquisition
Starrag and Tornos, the two traditional Swiss precision machine tool manufacturers, both listed at the SIX Swiss Exchange, announced on October 26, 2023 that they entered into a merger agreement. Under the terms of the merger, Tornos
Akquinet, a global IT consulting firm based in Hamburg, Germany, completed a successful acquisition on October 16, 2023. Akquinet acquired Maximum Solution Consulting Group, a consulting company with international operations, known for its specialization in Infor M3,
In early October UBS has published the Base Prospectus for the establishment of its CHF 20 bn program for the issuance of Covered Bonds issued by UBS Switzerland and guaranteed by UBS Hypotheken Schweiz. The
Temenos, the banking software company, has announced the successful placement of a CHF 200 million bond, after receiving a Long-Term Issuer Default Rating (IDR) of ‘BBB’ with a stable outlook, and a senior unsecured rating of ‘
As we have informed here, PureGym has successfully completed the offering of GBP 805m (equivalent) senior secured notes and its GBP 175.5m revolving credit facility financing. The net proceeds of the notes will be used
Alchemy US Holdco 1 received an incremental USD term facility as a borrower under its existing credit arrangement with Wilmington Trust, National Association as administrative agent and collateral agent, which is guaranteed by, inter alia, Alchemy
Embotelladora Andina achieved a significant financial milestone on September 20, 2023, with the successful issuance of CHF 170 million in bonds, marking a pivotal moment in the company’s financial journey. Embotelladora Andina, a renowned Chile-based beverage
Schellenberg Wittmer has advised BNP Paribas (Suisse) in the placement of Equinix‘ debut Swiss bond issuance. BNP Paribas (Suisse) acted as Swiss paying agent and, together with Deutsche Bank London branch, acting through Deutsche Bank
