Corporate / M&A

Competition

Regulatory

IP / IT

Data Protection

Financing and Investment Products

Avaloq_bw

On December 22, 2020, Avaloq Group (Avaloq), a Swiss-based global leader in digital banking solutions, core banking software and wealth management technology, announced that Japan-based NEC Corporation (NEC, TSE:6701) had completed its acquisition of Avaloq. In the transaction, NEC acquired all outstanding shares from the existing shareholders, which includes the founders, current and former employees as well as private equity firm Warburg Pincus, at an enterprise value exceeding CHF 2 bn.
Homburger acted as global transaction counsel to Avaloq and the majority shareholders. The Homburger team was led by partner Heinz Schärer and included partner David Oser, associates Philippe Baumann and Angela Oppliger and junior associate Cédric Berger (all Corporate / M&amp;A), partner Marcel Dietrich and associates Allegra Arnold and David Waldmeier (all Competition, Regulatory), partners Georg Rauber and Luca Dal Molin and associates Valentin Fluor and Kirsten Wesiak-Schmidt (all IP / IT and Data Protection), partner Jürg Frick and associate Pierina Janett-Seiler (both Financing and Investment Products), as well as associate Marc Vogelsang (Tax).

Homburger advised Avaloq Group and majority shareholders in the completion of NEC Corporation's acquisition of Avaloq Group

Capital Markets

On November 25, 2020, SIX Finance (Luxembourg) S.A. launched, and on December 2, 2020, successfully completed, the issuance of EUR 650 m 0.000 per cent. Eurobonds due 2025 (the Bonds). The Bonds are guaranteed by SIX Group AG, the holding company of the SIX Group.
The Bonds bear interest at a rate of 0 per cent per annum, implying a yield to maturity of -0.009 per cent per annum. The Bonds are listed on the Spanish AIAF Fixed Income Securities Market.
Homburger advised SIX Group with respect to all aspects of Swiss law. The Homburger team was led by partner Jürg Frick and included counsel Eduard De Zordi, associates David Borer and Pierina Janett-Seiler (all Capital Markets) as well as partner Stefan Oesterhelt (Tax).

Homburger advised SIX Group on its issuance of EUR 650 m 0.000 per cent. Eurobonds due 2025

Litigation

Liberty Global

On November 11, 2020, the all-cash public tender offer by UPC Schweiz GmbH (UPC), a subsidiary of Liberty Global plc, for all publicly held shares of Sunrise Communications Group AG (Sunrise) has been settled. UPC has acquired a 98% stake in Sunrise. The transaction values Sunrise’s equity at CHF 5.0 bn.
Homburger AG is advising Liberty Global on the transaction. The Homburger team is led by partners Daniel Daeniker and Daniel Hasler (Corporate / M&amp;A) and includes partners Richard Stäuber, Franz Hoffet (Competition, Regulatory), Stefan Oesterhelt (Tax), Luca Dal Molin (IP / IT) and Roman Baechler (Litigation), counsel Micha Fankhauser (Corporate / M&amp;A), associates Daniel Häusermann, Karin Mattle, Mirko Stiefel and Stefan Luginbühl (all Corporate / M&amp;A), Yves Bianchi, Ramin Gohari and Jonas J. Krull (Competition, Regulatory), David Borer and Pierina Janett-Seiler (Financing and Investment Products), Marc Vogelsang and Raphaël Fellay (both Tax), Kirsten Wesiak-Schmidt (IP / IT), as well as junior associates Cédric Berger, Géraldine Danuser, Daniel Madani (all Corporate / M&amp;A) and Urs Stürmer (Competition, Regulatory).

Homburger advises Liberty Global on successful settlement of public tender offer for Sunrise

Pierina
Janett-Seiler

Homburger advised Avaloq Group and majority shareholders in the completion of NEC Corporation's acquisition of Avaloq Group

Homburger advised SIX Group on its issuance of EUR 650 m 0.000 per cent. Eurobonds due 2025

Homburger advises Liberty Global on successful settlement of public tender offer for Sunrise

Exchange offers under Switzerland's new prospectus regime: a guide

Join the Team

Pierina Janett-Seiler

Career

Languages

Bar Registration

Teams

PierinaJanett-Seiler

Homburger advised Avaloq Group and majority shareholders in the completion of NEC Corporation's acquisition of Avaloq Group

Homburger advised SIX Group on its issuance of EUR 650 m 0.000 per cent. Eurobonds due 2025

Homburger advises Liberty Global on successful settlement of public tender offer for Sunrise

Exchange offers under Switzerland's new prospectus regime: a guide

Join the Team

Pierina Janett-Seiler

Career

Languages

Bar Registration

Teams

Pierina
Janett-Seiler