News, Deals & Cases

On 6 December 2021, VT5 Acquisition Company AG (VT5), a special purpose acquisition company (SPAC), announced the launch of its initial public offering and the listing of its Class A Shares and redeemable warrants on SIX Swiss Exchange, which is scheduled for 15 December 2021. VT5 plans the acquisition of one or more operating companies…

On 3 November 2021, Novartis agreed to sell 53.3 million Roche bearer shares in a bilateral transaction to Roche for a consideration of CHF 19 billion. Novartis had acquired the stake between 2001 and 2003. The transaction is subject to the approval by the shareholders of Roche.

On 27 October 2021, SKAN Group AG, a global market leader in high-quality isolator systems for aseptic production processes in the (bio)pharmaceutical industry, announced the pricing of its IPO, consisting of 1,731,494 newly issued shares and 2,768,506 existing shares and an over-allotment option of up to 500,000 shares, at CHF 54 per share, implying a…

On 1 October 2021, the shares of medmix AG were listed at SIX Swiss Exchange following the spin-off of medmix from Sulzer AG. Concurrently, medmix conducted a capital increase raising gross proceeds of CHF 315 million.

Between 3 and 9 November 2021, UBS Group AG successfully completed the issuance under its Senior Debt Programme of EUR 1.25 billion in aggregate principal amount of 0.250 per cent. Fixed Rate/Fixed Rate Callable Senior Notes due November 2026, and EUR 1.25 billion in aggregate principal amount of 0.875 per cent. Fixed Rate Senior Notes…

On September 22, 2021, Santhera Pharmaceuticals Holding AG announced an equity financing of CHF 20 million via a private placement of shares, a placement of private convertible bonds of CHF 15 million and upsizing of an existing financing arrangement of up to CHF 10 million. In addition, Santhera agreed to issue warrants to participating investors.

On 15 September 2021, On Holding AG, an athletic shoe and performance sportswear company, successfully completed its initial public offering on the New York Stock Exchange (NYSE). The offering consisted of 31,100,000 Class A ordinary shares, of which 25,442,391 were offered by On Holding AG and 5,657,609 were offered by the selling shareholders, and an…

On 15 September 2021, Swiss Life issued EUR 600 million 0.500 per cent guaranteed green bonds due 2031. The bonds have been issued by Swiss Life Finance I AG and are unconditionally and irrevocably guaranteed by Swiss Life Holding AG. Swiss Life intends to apply an amount equal to the net proceeds of the bonds…