Bär & Karrer advises Union Bancaire Privée on its agreement with BCP

Bär & Karrer acts as legal counsel to Union Bancaire Privée (UBP) in the agreement it entered into with Banco Comercial Português  (BCP), whereby UBP will acquire all the shares of the BCP group’s Swiss private bank, Millennium Banque Privée – BCP (Suisse). The transaction, which is a share deal, is subject to the approval of the relevant regulatory bodies and is expected to close during the fourth quarter of 2021. 

The Bär & Karrer team advising UBP in this transaction includes Martin Anderson (pictured), Arnaud Philippe and Vera Waldburger (all m&a). 

Founded in Geneva in 2002, Millennium Banque Privée is specialised in providing private banking services for individual and institutional clients, with a focus on Europe, Latin America and Africa. 

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