Capital Markets

Corporate / M&A

Employment and Executive Compensation

Credit Suisse

On October 27, 2022, Credit Suisse Group AG announced that its Board of Directors will propose to an Extraordinary General Meeting to be held on November 23, 2022, to approve two separate share capital increases: a first capital increase of an expected CHF 1.76 bn through the issuing of new shares to a number of qualified investors, including Saudi National Bank, where preemptive subscription rights of existing shareholders are excluded, and a second capital increase of approximately CHF 2.24 bn through a rights offering to existing shareholders. The shares to be issued in the rights offering are underwritten, subject to customary conditions, by a syndicate of banks in the amount of up to CHF 4 bn should the first capital increase not be fully implemented, e.g. if the shareholders of Credit Suisse Group AG approve the rights offering but not the first capital increase with exclusion of preemptive rights. Through the proposed share capital increases, Credit Suisse Group AG intends to raise CHF 4.0 bn to further strengthen the Group’s capital base and support its strategic transformation.
Homburger advises Credit Suisse Group AG in the structuring of the capital increase, on the transaction documentation, and on all Swiss law regulatory, tax and transactional aspects of the issuance, offering and listing of the new shares.
The Homburger team was led by partner Benjamin Leisinger (Capital Markets) and included partners Claude Lambert, Daniel Daeniker and Andreas Müller (all Corporate / M&amp;A), partner Dieter Grünblatt (Tax), lead associate Daniel Hulmann, counsel Lee Saladino and associate Sofiya Shavlak (all Capital Markets), associates Margrit Marti, Claudine Schär, Romain Fakhoury (all Corporate / M&amp;A) and Marc Bircher (Employment and Executive Compensation) as well as junior associate Lars Schöni (Capital Markets).

Homburger advises Credit Suisse Group AG in connection with the share capital increases of CHF 4 bn to further strengthen the Group’s capital base and support its new strategic direction

Healthcare / Life Sciences

Competition

Sandvik

On August 8, 2022, Sandvik signed and completed an agreement to acquire 100% of the equity interests in the Switzerland-based Sphinx Tools Ltd and its wholly owned subsidiary P. Rieger Werkzeugfabrik AG («Sphinx Tools»). Sphinx Tools&#8217; offering primarily consists of precision solid round tools (micro tools) and surgical cutting tools. The customers are mainly within the automotive, aerospace and medical segments. The company will be reported within Sandvik Coromant, a division within Sandvik Manufacturing and Machining Solutions. Sphinx Tools enhances Sandvik Coromant’s product offering within solid round tools and is an established player in the adjacent surgical cutting tools market. The company is present in Europe with three production sites in Switzerland and has global distribution. The parties have agreed not to disclose the purchase price.
The Homburger team advising Sandvik was led by partner David Oser (Corporate / M&amp;A) and comprised partner Richard Stäuber (Competition) and associates Stefan Luginbühl, Claudine Schär and Jasmin Künzle (all Corporate / M&amp;A) Angelika Murer (Healthcare / Life Sciences and Competition) and Jonas Krull (Competition).

Homburger advised Sandvik on its acquisition of precision tools manufacturer Sphinx Tools

IP / IT

Bosch Rexroth

BRUSA HyPower AG, an innovative global supplier of power conversion systems for heavy-duty applications, announced a minority investment by Bosch Rexroth AG, M&amp;G Investments and Temasek. The investment aims to accelerate product development and scale manufacturing capabilities to meet the rising demand for energy conversion systems for fuel cell and battery electric vehicle applications. As a technology leader in the field of energy converters, BRUSA HyPower AG intends to seize business opportunities in the rapidly growing e-mobility segment and to enhance customer proximity.
The Homburger team was led by partner David Oser (Corporate / M&amp;A) and included partner Reto Heuberger (Tax), partner Gregor Bühler (IP / IT), associates Claudine Schär and Léonard Aeschlimann, junior associates Alexander Cochardt and Michele Fazari (all Corporate / M&amp;A) and associate Joel Fink (IP / IT).

Claudine
Schär

Homburger advises Credit Suisse Group AG in connection with the share capital increases of CHF 4 bn to further strengthen the Group’s capital base and support its new strategic direction

Homburger advised Sandvik on its acquisition of precision tools manufacturer Sphinx Tools

Homburger advised Bosch Rexroth AG on its investment in BRUSA HyPower AG

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Claudine Schär

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ClaudineSchär

Homburger advises Credit Suisse Group AG in connection with the share capital increases of CHF 4 bn to further strengthen the Group’s capital base and support its new strategic direction

Homburger advised Sandvik on its acquisition of precision tools manufacturer Sphinx Tools

Homburger advised Bosch Rexroth AG on its investment in BRUSA HyPower AG

Join the Team

Claudine Schär

Career

Languages

Bar Registration

Teams

Claudine
Schär