USD 10 Billion All-Stock Merger of Pentair and Tyco International's Flow Control Business

 

28.03.2012

 

Pentair, Inc., a US company listed on the NYSE, and Tyco International Ltd, a Swiss company listed on the NYSE, announced an agreement to combine Tyco's flow control business with Pentair in a cross-border merger. Upon completion of the transaction, Tyco shareholders will own approximately 52.5% of the combined company and Pentair shareholders will own approximately 47.5%. The new company will be named Pentair. It will be a Swiss company, listed on the NYSE, and will be led by Pentair's current chairman and chief executive officer.

 

Bär & Karrer acted as Swiss legal counsel of Pentair. The team included Ralph Malacrida (project lead), Michael Trippel (corporate), and Daniel Lehmann (tax).

 

 

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