News, Deals & Cases

On 11 May 2016, EFG International AG, a global private banking group offering private banking and asset management services headquartered in Zurich, announced the results of its rights offering further to the ordinary share capital increase approved by the Annual General Meeting on 29 April 2016. 46,465,975 new shares were subscribed for by existing shareholders…

On 11 May 2016, the Swiss Capital Group successfully launched the Swiss Capital Investment Foundation I. In this context, two innovative investment groups in the asset class Private Debt (Private Debt Allocator I and II) were launched. The setting-up of the investment foundation comprised a regulatory product approval proceeding before the Occupational Pension Supervisory Commission…

On 25 April 2016, Bellevue Group, an independent Swiss financial boutique listed on the SIX Swiss Exchange (ticker symbol: BBN) and headquartered in Küsnacht, Switzerland, announced the result of its rights offering with Bank am Bellevue as lead manager to finance the acquisition of German-based asset manager StarCapital and to maintain its strategic flexibility. Based…

On March 31, 2016, VAT Group, the leading global manufacturer of high-end vacuum valves and related products and services headquartered in Haag (Switzerland), announced the launch of its initial public offering (IPO) on SIX Swiss Exchange with the publication of the Offering Memorandum and the start of the book-building process. The IPO aims at broadening…

On 11 April 2016, Chinese HNA Group Co., Ltd. (“HNA”) announced an all cash public tender offer for all publicly held registered shares of gategroup Holding AG (“gategroup”) at a price of CHF53 per share.  Including the dividend, the offer price represents a 37.8% premium to the volume weighted average price during the last 60…

On February 3, 2016, China National Chemical Corporation (ChemChina) announced that it has agreed to acquire the Swiss agrochemical and seeds company Syngenta AG (SIX: SYNN) (Syngenta) by way of a public tender offer. The offer price is USD 465 per share in cash. In addition, the offer allows pay-out of a special dividend of…

On 2 February 2016, EQT VII, a fund of the private equity group EQT, acting through Kiwi Holding IV S.à r.l., announced an all-cash public tender offer for all listed shares in Kuoni Travel Holding Ltd (SIX: KUNN), a leading service provider to the global travel industry, for a price of CHF 370 per share….

AFG Arbonia-Forster-Holding AG successfully completed its rights offering which was resolved at the extraordinary shareholders’ meeting held on 11 September 2015. In the rights offering, existing shareholders were offered 25,515,845 new registered shares with a par value of CHF 4.20 each at an offer price of CHF 8.10 per new share. The rights offering resulted…

RAG-Stiftung Beteiligungsgesellschaft mbH based in Germany subscribed the CHF 60,000,000 2.5% Hybrid Convertible Bonds issued by Siegfried Holding AG in order to finance Siegfried’s acquisition of significant elements of BASF’s pharmaceutical supply business. The bond was issued on 29 September 2015, and entitles RAG-Stiftung Beteiligungsgesellschaft mbH to convert the amount within five years into Siegfried Holding…