Leading independents face off for the largest ever takeover of a Swiss company by an overseas investor, while Richards Butler secures a local tie-up. Lindsey Phillips on the Swiss legal market
December 04, 2006 at 07:03 PM
1 minute read
The original version of this story was published on Legalweek
Leading Swiss independents Homburger and Lenz & Staehelin bagged the lead advisory roles in September in the largest takeover to date of a Swiss company by an overseas investor.
The record-breaking transaction saw German pharmaceutical giant Merck, advised by Zurich-based firm Homburger, acquire Swiss biotech business Serono in a deal valued at €11.5bn (£7.7bn). The Swiss law deal is expected to complete in January.
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