The listed company Basilea Pharmaceutica, a commercial-stage biopharmaceutical company, entered into a senior secured loan agreement with funds managed by the US company Athyrium Capital Management. The CHF 75 million senior secured loan will be used by Basilea for the repayment of its convertible bonds, which are due in December 2022 in an outstanding nominal […]
Baker McKenzie has acted for CLSA and other underwriters in connection with Joincare Pharmaceutical Group Industry, on global depositary receipts listing on the SIX Swiss Exchange. This transactions proves that the China-Switzerland Stock Connect has opened up new listing and fund-raising opportunities for Chinese issuers. Joincare Pharmaceutical is an innovation-driven integrated pharmaceutical company that combines […]
Kellerhals Carrard has informed that Roman Huber has recently been elected as co-chair of the Swiss Ethics and Compliance Working Group (ECS). The Investigations Working Group is open to members of the ECS, as well as other interested parties, such as ethics and compliance officers, investigation specialists, private investigation lawyers, regulators, prosecutors, forensic accountants, consultants, […]
Wenger Vieli has advised the shareholders of the Swiss startup company CTsystems, a highly-specialized engineering company, on its sale to Datwyler, a specialist for system-critical elastomer components, on all legal and tax aspects. As we already reported last week here, Baker McKenzie Switzerland has advised publicly listed Datwyler on this transaction. The acquisition is the final chapter […]
Niederer Kraft Frey has advised CoinShares, Europe’s largest digital asset investment firm with over USD 1.6 billion in AUM, in connection with its first-time issuer application and the listing of its physically-backed FTX Token exchange traded product (ETP) on BX Swiss. The CFTT offers investors exposure to FTX, the native coin of one of the […]
Stadtcasino Baden has acquisted a majority stake in Casinò Locarno. With this acquisition, the group extends its footprint to the Italian speaking part of Switzerland. Stadtcasino Baden and its subsidiaries are one of the largest casino operators in Switzerland and active in both the online and traditional gaming space. Via its subsidiary Grand Casino Baden, […]
DKSH Holding has acquired Terra Firma, a leading distributor of specialty chemicals in North America. With this acquisition, DKSH expands its performance materials business unit platform to the US and Canada. The transaction is an important step in DKSH’s strategy to build a global distribution platform for specialty chemicals and ingredients. The transaction, which is […]
Niederer Kraft Frey advised the Beijing company Lepu Medical Technology on its successful USD 224 million offering and listing of global depositary receipts on SIX Swiss Exchange within the framework of the China-Switzerland Stock Connect Program. Lepu is a China-based provider of medical devices, pharmaceuticals and services across the entire life cycle of cardiovascular disease management. […]
Schellenberg Wittmer has advised Asker Healthcare Group on its acquisition of all shares in the Swiss medical supplies distributor Aichele Medico from the founding family and the company’s management team. Asker Helathcare, headquartered in Stockholm, consists of more than 30 companies in 14 countries and 2,000 employees. The group supports healthcare providers and patients to […]
Walder Wyss has successfully represented a Swiss high-tech company both in arbitration proceedings (seated in Geneva and adjudicated under the WIPO Arbitration Rules) and before the Swiss Federal Supreme Court. The law firm has defended a client against a multi-million dollar claim challenging the jurisdiction of the arbitral tribunal. The dispute revolved around the question […]
