Bär & Karrer Advises UBS on the Merger of UBS AG and Credit Suisse AG

Following completion of the acquisition of Credit Suisse Group AG by UBS Group AG on 12 June 2023, the boards of directors of UBS Group AG, UBS AG and Credit Suisse AG approved the merger between UBS AG and Credit Suisse AG, whereby UBS AG is the absorbing, surviving entity and Credit Suisse AG is the absorbed entity ceasing to exist following completion of the merger ("Parent Bank Merger"). The merger agreement between UBS AG and Credit Suisse AG has been signed on 7 December 2023, subject to regulatory approvals. The Parent Bank Merger is expected to take place in 2024. It is part of the complex legal integration of Credit Suisse group into UBS group following the merger between UBS Group AG and Credit Suisse Group AG.

Bär & Karrer acts as lead legal advisor to UBS in Switzerland in this transaction. The team includes Peter Hsu (Regulatory/M&A), Rolf Watter, Urs Kägi, Thomas Rohde, Fabienne Perlini, Shu Zhang (all Corporate/M&A), Daniel Flühmann, Tiffany Ender, Matej Teslar, Jan Häring, Elias Hepp, Elisabeth Burkhardt (all Regulatory/M&A), Susanne Schreiber, Cyrill Diefenbacher, Martin Leu, Alessia Suter, Fabian Capt, Patrick Harms (all Tax), Laura Widmer (Employment), Ruth Bloch-Riemer (Pension) as well as Mani Reinert and Martin Werner (Competition).