Gesellschaftsrecht / M&A

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Arbeitsrecht und Vergütung für Führungskräfte

Crown

On August 31, 2021, Crown Holdings, Inc. (NYSE: CCK) announced that it has completed the previously announced sale of its European Tinplate business to KPS Capital Partners, LP. As previously disclosed, Crown will retain a 20% ownership stake in the business.
The European Tinplate business comprises 44 manufacturing facilities in 17 countries in Europe, the Middle East and Africa which produce food cans and ends, aerosol cans, metal closures and promotional packaging for various consumer brands. In 2020, the business generated EUR 1.9 bn in revenue and approximately EUR 220 m in estimated standalone EBITDA and had approximately 6,300 employees.
Homburger acted as Swiss counsel to Crown with respect to the transaction. The Homburger team was led by partner Daniel Hasler (Corporate / M&amp;A) and included partner Reto Heuberger (Tax), associates Marc Hanslin and Stefan Luginbühl (both Corporate / M&amp;A), Ivan Marijanovic (Employment and Executive Compensation) and Philippe Gobet (Tax) as well as junior associates Daniel Bötticher and Géraldine Danuser (both Corporate / M&amp;A).

Homburger advised Crown Holdings on Sale of its European Tinplate Business to KPS Capital Partners

Transocean

On June 14, 2021, Transocean Ltd. announced that it entered into an equity distribution agreement with Jefferies LLC. Pursuant to the terms of the agreement, Transocean may offer and sell its shares, par value CHF 0.10 per share, from time to time through Jefferies LLC, as Transocean’s sales agent for the offer and sale of the shares, up to an aggregate offering price of USD 400,000,000. Sales of the shares, if any, will be made by means of ordinary brokers’ transactions on the New York Stock Exchange, to or through a market maker or directly on or through an electronic communications network at market prices, in negotiated transactions or as otherwise permitted by law. Transocean intends to use the net proceeds from the sale of the shares for general corporate purposes, which may include, among other things the repayment or refinancing of indebtedness and the funding of working capital, capital expenditures, investments and additional balance sheet liquidity. Transocean may invest funds not required immediately for such purposes in marketable securities and short-term investments.
Homburger has acted as Swiss counsel to Transocean Ltd. The Homburger team is being led by David Oser (Partner, Corporate / M&amp;A) and among others includes Marc Hanslin (Associate, Corporate / M&amp;A) and Reto Heuberger (Partner, Tax).

Homburger advises Transocean Ltd. in connection with an equity distribution agreement relating to the offer and sale of Transocean Ltd. shares up to an aggregate offering price of USD 400,000,000

On April 8, 2021, Crown Holdings, Inc. (NYSE: CCK) announced that it entered into a definitive agreement to sell its European Tinplate business to KPS Capital Partners, LP. Crown will receive pre-tax proceeds of approximately EUR 1.9 bn from the transaction and will retain a 20% ownership stake in the business.
The transaction is expected to close during the third quarter of 2021 and is subject to certain regulatory approvals and customary closing conditions.
Homburger acts as Swiss counsel to Crown with respect to the transaction. The Homburger team is led by partner Daniel Hasler (Corporate / M&amp;A) and comprises partner Reto Heuberger (Tax), associates Marc Hanslin (Corporate / M&amp;A), Ivan Marijanovic (Employment and Executive Compensation) and Philippe Gobet (Tax) as well as junior associates Daniel Bötticher and Géraldine Danuser (both Corporate / M&amp;A).

Marc
Hanslin

Homburger advised Crown Holdings on Sale of its European Tinplate Business to KPS Capital Partners

Homburger advises Transocean Ltd. in connection with an equity distribution agreement relating to the offer and sale of Transocean Ltd. shares up to an aggregate offering price of USD 400,000,000

Homburger advises Crown Holdings in the sale of its European Tinplate Business to KPS Capital Partners

Structuring Cross-border Transactions

Investing In... 2021

Structuring Cross-border Transactions

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Marc Hanslin

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MarcHanslin

Homburger advised Crown Holdings on Sale of its European Tinplate Business to KPS Capital Partners

Homburger advises Transocean Ltd. in connection with an equity distribution agreement relating to the offer and sale of Transocean Ltd. shares up to an aggregate offering price of USD 400,000,000

Homburger advises Crown Holdings in the sale of its European Tinplate Business to KPS Capital Partners

Structuring Cross-border Transactions

Investing In... 2021

Structuring Cross-border Transactions

Join the Team

Marc Hanslin

Karriere

Sprachen

Zulassung

Teams

Marc
Hanslin