The all-cash public tender offer by UPC Schweiz, a subsidiary of Liberty Global, for all publicly held shares of Sunrise Communications Group has been settled. UPC has acquired a 98% stake in Sunrise. The transaction values Sunrise’s equity at CHF 5.0 bn.
Homburger is advising Liberty Global on the transaction. The Homburger team is led by partners Daniel Daeniker (pictured left) and Daniel Hasler (pictured right) (Corporate / M&A) and includes partners Richard Stäuber, Franz Hoffet (Competition, Regulatory), Stefan Oesterhelt (Tax), Luca Dal Molin (IP / IT) and Roman Baechler (Litigation), counsel Micha Fankhauser (Corporate / M&A), associates Daniel Häusermann, Karin Mattle, Mirko Stiefel and Stefan Luginbühl (all Corporate / M&A), Yves Bianchi and Jonas J. Krull (Competition, Regulatory), David Borer and Pierina Janett-Seiler (Financing and Investment Products), Marc Vogelsang and Raphaël Fellay (both Tax), Kirsten Wesiak-Schmidt (IP / IT), as well as junior associates Cédric Berger, Géraldine Danuser, Daniel Madani (all Corporate / M&A) and Urs Stürmer (Competition, Regulatory).