Tags : Lukas Glanzmann

Deal & transactions

Arsenal Capital Partners acquires ATP Group from Bregal. The advisors

Arsenal Capital Partners, a global private equity firm focusing on franchises in the healthcare and industrial sectors, has completes its acquisition of ATP Group from Bregal Unternehmerkapital. Swiss headquartered ATP Group is a manufacturer of water-based adhesives tapes with production sites in Europe and the United States.  Schellenberg Wittmer  acted as Swiss legal counsel to […]

Banking & Finance

Baker McKenzie advises UBS Switzerland on LIBOR transition

Baker McKenzie advised UBS Switzerland as sole Swiss legal counsel on the switch from LIBOR to risk-free rates in their Swiss-law-governed syndicated credit facility agreements with UBS Switzerland acting as agent.   Given UBS Switzerland’s strong position in the Swiss syndicated loan market, Baker McKenzie Switzerland produced a substantial part of the Swiss LIBOR switch […]

Capital Markets

Novartis to sell its Roche bearer shares to Roche for

Novartis has entered into an agreement to sell 53.3 million (approximately 33%) Roche bearer shares in a bilateral transaction to Roche for a consideration of USD 20.7 billion. Novartis had acquired the stake between 2001 and 2003 for approximately USD 5 billion. The investment delivered dividends in excess of USD 6 billion to date. Over […]

Banking & Finance

Aryzta’s EUR 500m multicurrency revolving credit facility agreement

Aryzta, a global food business based in Switzerland and listed on the SIX, has entered into an underwritten agreement with three banks for a new €500 million revolving credit facility. The facility which is expected to be utilised by early October 2021 is underwritten by Credit Suisse (Switzerland), Coöperatieve Rabobank and UBS and will replace the current €800m revolving credit facility that matures in […]

Banking & Finance

Baker McKenzie for transition from LIBOR to SARON in the

In a pro bono project for the Swiss National Working Group on Swiss Franc Reference Rates (NWG), Baker McKenzie prepared a Form of Amendment Agreement for Swiss law governed syndicated credit facility agreements using CHF LIBOR as base rate for the calculation of interest. The Amendment Agreement introduces a mechanism for the switch from CHF […]