Corporate / M&A

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

Employment and Executive Compensation

Crown_BW

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).

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

Regulatory

Competition

Aryzta

On March 12, 2021, ARYZTA AG (SWX: ARYN) announced that it has signed a definitive agreement to sell its North American business to Lindsay Goldberg LLC for a total enterprise value of USD 850 m.
The transaction is expected to complete by the end of ARYZTA’s current 2021 financial year and is subject to closing conditions customary for this type of transaction.
Homburger acted as Swiss counsel to ARYZTA in connection with the transaction. The Homburger team was led by partner Claude Lambert and comprised partner Andreas Müller and associates Marc Hanslin and Margrit Marti (all Corporate / M&amp;A), associate David Waldmeier (Competition, Regulatory) as well as junior associate Géraldine Danuser (Corporate / M&amp;A).

Marc
Hanslin

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

Homburger advises ARYZTA AG on disposal of its North American business to Lindsay Goldberg LLC

Structuring Cross-border Transactions

Investing In... 2021

Structuring Cross-border Transactions

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Marc Hanslin

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MarcHanslin

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

Homburger advises ARYZTA AG on disposal of its North American business to Lindsay Goldberg LLC

Structuring Cross-border Transactions

Investing In... 2021

Structuring Cross-border Transactions

Join the Team

Marc Hanslin

Career

Languages

Bar Registration

Teams

Marc
Hanslin