Sika has placed bonds in a total amount of CHF 650 million, consisting of three tranches on 6 March 2023. The payment date of the new bonds is April 13, 2023 and the new bonds will be listed on SIX Swiss Exchange. The issue will be led by UBS with Zürcher Kantonalbank as co-lead. The […]
Tags : Lenz & Staehelin
Lenz & Staehelin partner Roman Graf has been elected President of the Commission for Continuing Legal Education (Commission de formation permanente) of the Geneva Bar Association. The bar association serves 1900 members in 450 law firms. For more than 15 years, the Commission has been offering legal events, training and workshops for professionals. Among them, […]
SCCF Structured Commodity & Corporate Finance , the Swiss-based trade finance expert, has issued short term tokenized notes to refinance a loan to a commodity trading firm active in biofuels. The notes were tokenized using the CMTAT smart contract framework published by the Capital Markets and Technology Association (CMTA), with the help of Taurus. Lenz […]
Spanish pharmaceutical company Ferrer and Swiss clinical stage biotechnology company Asceneuron have announced the signing of a licensing agreement in which Ferrer obtains the exclusive worldwide rights to develop and commercialize ASN90 in progressive supranuclear palsy (PSP), an orphan neurological disease with a high unmet medical need. This agreement underscores the commitments both companies have […]
Lenz & Staehelin has advised investment bank Jefferies as underwriter in the public offering of shares of the Lausanne based ADC Therapeutics, a commercial-stage biotechnology company helping to improve the lives of those affected by cancer and listed on the New York Stock Exchange. There were 12M shares sold at a price of USD 5 […]
The Swiss Federal Supreme Court decided on the dispute about “Commune de Champagne PDO” in two judgements (December 23, 2022, 2C_407/2021; March 22, 2022, 2C_381/2021). The Canton de Vaud had introduced, in January 2021, a PDO “Commune de Champagne” for still white wines of the Chasselas grape grown in the municipality of Champagne. The Comité […]
Inflexion and Gyrus Capital have announced that they have entered into an agreement for Inflexion to acquire a majority stake in dss+, a renowned provider of operations management consulting services with a purpose of saving lives and creating a sustainable future. Gyrus and dss+ management will retain a significant minority. The Inflexion investment is being made from […]
ABB E-mobility, a global leader in electric vehicle (EV) charging solutions, has signed an agreement with four minority investors to raise an additional CHF 325 million in funds, in exchange for a total shareholding of approximately 12 percent in the company. This transaction represents the second and final part of ABB E-mobility’s pre-IPO private placement […]
Cité Gestion, a Swiss bank and wealth manager, has issued its shares in the form of ledger-based securities -a process often referred to as “tokenization”- and obtained the CMTA. Tokenized Shares certification. The Swiss bank is the first private bank to secure the certification, which is issued by the Capital Markets and Technology Association, and […]
Unilabs, a leading diagnostic services provider, has announced it entered into a definitive agreement to acquire Proxilis, a diagnostics laboratory based in Geneva. The transaction closed in December 2022. The operator of test centres and laboratories has acquired the company Proxilis in Meyrin, specialised in medical analysis. The Proxilis laboratory will soon be renamed Unilabs. […]
