Gesellschaftsrecht / M&A

Corporate Governance

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Marriott International

Homburger News

Homburger advises Marriott International on its proposed joint venture with the Leali family, founders of the Lefay brand

On March 31, 2026, Marriott International (Nasdaq: MAR) and the Leali family, founders of Lefay, announced their plans to enter into a joint venture to bring the highly awarded luxury wellness hospitality brand Lefay into the Marriott portfolio. Completion of the transaction is subject to customary approvals and closing conditions.
Lefay will be the first brand in Marriott’s portfolio dedicated exclusively to luxury wellness. The Lefay portfolio includes two award-winning luxury resorts in Italy (Lago di Garda and Dolomiti), and a further three properties are under development in Tuscany, Southern Italy, and the Swiss Alps.
The Homburger team advising Marriott on all Swiss law aspects of the transaction comprises Margrit Marti, Tobias Gloor and Florian Gasche (all Corporate / M&amp;A) as well as Reto Heuberger, Arbnor Sheholli and Alessandra Dumitru (all Tax).

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Zurich

Homburger advises Zurich Insurance Group Ltd on the placement of 7,090,909 newly issued shares through an accelerated bookbuilding process, raising gross proceeds of CHF 3.9 bn

On March 2, 2026, Zurich Insurance Group Ltd (SIX: ZURN) announced the launch of an accelerated bookbuilding offering, which led to the successful placement of 7,090,909 newly issued shares at an offer price of CHF 550 per offered share, raising aggregate gross proceeds of approximately CHF 3.9 bn. Zurich intends to use the net proceeds from the capital increase to partly finance the acquisition of Beazley plc.
The offering was conducted by way of (i) a placement to professional investors in Switzerland or in any other circumstances relying on an exemption from the obligation to publish a prospectus under the Swiss Financial Services Act, (ii) private placements in certain jurisdictions outside of Switzerland and the United States, and (iii) private placements within the United States to qualified institutional buyers in reliance on Rule 144A under the U.S. Securities Act.
Goldman Sachs, Morgan Stanley and UBS acted as Joint Global Coordinators and Bookrunners, Citigroup and Deutsche Bank acted as Joint Bookrunners as well, and Crédit Agricole and Zürcher Kantonalbank acted as Co-Lead Managers in connection with the offering.
Homburger advised Zurich on all aspects of Swiss corporate and capital markets law. The Homburger team was led by Hansjürg Appenzeller (Corporate / M&amp;A, Capital Markets, Insurance) and Lorenzo Togni (Capital Markets) and included Matthias Müller (Corporate / M&amp;A) as well as Fabrice Eckert (Insurance, Financing). Dieter Grünblatt and Arbnor Sheholli provided tax advice.

Homburger advised Zurich Insurance Company Ltd in connection with new debt facilities entered into in relation to Zurich Insurance Group Ltd’s offer for Beazley plc

On March 2, 2026, Zurich Insurance Group Ltd (SIX: ZURN) announced its recommended all-cash offer for the entire issued and to be issued share capital of Beazley plc (Beazley). The transaction combines two highly complementary businesses, accelerating Zurich’s strategy to create the global leader in Specialty insurance. It is intended that the cash consideration for the Beazley shares will be satisfied by applying drawings from the new debt facilities, alongside existing cash resources and proceeds from Zurich Insurance Group Ltd’s recent equity raise.
Homburger advised Zurich with respect to all Swiss law aspects of this new debt financing.
The Homburger team was led by Stefan Bindschedler (Financing) and Hansjürg Appenzeller (Corporate / M&amp;A, Insurance) and included Fabrice Eckert (Insurance, Financing) and Matthias Müller (Corporate / M&amp;A). Dieter Grünblatt and Arbnor Sheholli provided tax advice.

Arbnor
Sheholli

Homburger advises Marriott International on its proposed joint venture with the Leali family, founders of the Lefay brand

Homburger advises Zurich Insurance Group Ltd on the placement of 7,090,909 newly issued shares through an accelerated bookbuilding process, raising gross proceeds of CHF 3.9 bn

Homburger advised Zurich Insurance Company Ltd in connection with new debt facilities entered into in relation to Zurich Insurance Group Ltd’s offer for Beazley plc

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Arbnor Sheholli

Karriere

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ArbnorSheholli

Homburger advises Marriott International on its proposed joint venture with the Leali family, founders of the Lefay brand

Homburger advises Zurich Insurance Group Ltd on the placement of 7,090,909 newly issued shares through an accelerated bookbuilding process, raising gross proceeds of CHF 3.9 bn

Homburger advised Zurich Insurance Company Ltd in connection with new debt facilities entered into in relation to Zurich Insurance Group Ltd’s offer for Beazley plc

Join the Team

Arbnor Sheholli

Karriere

Sprachen

Teams

Arbnor
Sheholli