Axpo Holding has completed the sale of a 49.9% minority stake in its Axpo Volt Beteiligung subsidiary, through which Axpo holds 31.37% of the the national grid company Swissgrid. The buyer and new minority shareholder is BVK, the biggest pension fund in Switzerland. Axpo maintains a 50.1% majority stake in Axpo Volt Beteiligung, thus retaining […]
The Haufe Group, a renowned B2B provider of integrated business and workplace solutions, has sold its talent management business to Swiss software firm Abacus Research. The transaction covers its subsidiary Haufe-umantis and umantis Deutschland.
GAM Holding has announced the sale of its third party fund services («FMS Businesses») in Luxembourg and Switzerland to Carne Group. The announcement of the sale is a material step towards fulfilling a condition of
UBS has made an investment in the Swiss fintech startup Numarics and plans to form a strategic partnership with the company with the aim to digitize and expand financial and administrative solutions for small and
Last June 29, 2023, the sale of a majority shareholding in Flisom has been successfully completed. Qubit Investments, an affiliate of Tata Industries, together with several other shareholders sold its stake in the ETH Zurich spin-off, a
Migros has announced a series of steps in its plan to bundle its supermarket business into a centrally managed stand-alone company, Migros Supermarkt. This business represented CHF 12 billion in revenues by 2022. Migros Supermarkt is scheduled
As we have informed here, Komgo, the trade finance blockchain company, successfully closed a strategic equity investment by Banco Santander. With this investment, Santander becomes a shareholder of Komgo alongside other major corporate and financial
As part of a strategic reorganization, the American cotton manufacturer U.S. Cotton has sold the Flawil-based producer of absorbent cotton and other products, FLAWA Consumer, to members of its management. Homburger advised U.S.
After some 18 years of successful activity under the name “Swisscanto”, the Swisscanto Collective Foundation and the Swisscanto Supra Collective Foundation decide to make their independence more visible again. To this end, the two pension funds
Niederer Kraft Frey has advised bNovate Technologies as Swiss counsel on its CHF 12 million Series C financing round led by Emerald Technology Ventures, followed by existing shareholders. The funding will accelerate bNovate’s global expansion
