FEMSA and Valora join forces in an agreement for the acquisition of Valora Holding by FEMSA. The leading Latin American retailer will acquire Swiss Valora in a cash tender offer. Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) headquartered in Monterrey (Mexico) and listed on the Mexican and New York stock exchanges, and Valora Holding (“Valora”; […]
The 2022 Legalcommunity Corporate Awards were held at the WJC in Milan. The ceremony was an opportunity to celebrate the excellence of the Italian legal market in the Corporate field. The eighth edition of the event, organised by legalcommunity.it, saw the awarding of the awards attributed by the jury to the legal professionals and teams that stood […]
SIG Combibloc, a leading systems and solutions provider for aseptic carton packaging, has entered into an agreement to acquire Pactiv Evergreen’s Asia Pacific Fresh operations for an enterprise value of USD 335 million. Advestra acts as Swiss legal counsel to SIG Combibloc in the Swiss law governed transaction. The team includes Sandro Fehlmann (pictured), Beda Kaufmann, Thomas Reutter, Annina Hammer, Valérie Bayard […]
Relief Therapeutics, a biopharmaceutical company, has launched a Level 1 American Depositary Receipt (“ADR”) program in the United States. From 18 November 2021, ADRs can be traded over-the-counter. Relief’s ADR program complements the existing main listing of the shares on the SIX Swiss Exchange. J.P. Morgan has been appointed as the depositary bank for the […]
Many companies are slow to retain and preserve online data. Surveyed by the ACC 71.6% of lawyers rated their organization “immature” or “intermediate”.
Intercity Group Holding real estate services company has signed a partnership with DBS Group, the Swiss subsidiary of the French Foncia Group, for their property management activities under the new brand IntercityGribi. Within the framework of this partnership, Gribi management and Intercity management will continue to act as two separate legal entities. As part of […]
Ringier Group legal department has reorganised the legal department into two core areas: Commercial IP & Technology and Corporate/M&A. These changes, effective June 2021, reflect the new requirements within the group and the corresponding demands on the legal department. As part of the restructuring, Laurence Hulliger (pictured top left) will be promoted to Head of Legal […]
Stadler Rail received an order from SBB, a further 60 InterRegio double-deck trains, for approximately CHF 1.3 billion. In this transaction BianchiSchwald acted as counsel with a team led by Marc Metzger (partner, Commercial, Corporate, pictured) and included Thomas Schmid (partner, Corporate and M&A) and Stipe Jozic (associate, Commercial, Corporate). Stadler – headquartered in Bussnang – has been building trains for more than 75 years. It has a workforce of around 12,000 based […]
Advestra advised Bob Finance, a branch office of Valora Schweiz, on the cooperation with PostFinance for the launch of the PostFinance personal loan. This financing solution allows PostFinance to expand its product range and offer a broad customer base access to a personal loan. Advestra acted as legal advisor to bob Finance and Valora with respect to all questions […]
BridgeBio Pharma, through its affiliate QED Therapeutics, and Helsinn Group announced a global collaboration and licensing agreement to further develop and commercialize QED Therapeutics’ FGFR1-3 inhibitor, infigratinib, in oncology and all other indications except for skeletal dysplasias (including achondroplasia). Completion of the agreement is subject to regulatory review and customary closing conditions, which are expected […]