Bank CA St. Gallen AG and swissregiobank AG Have Merged
The shareholders of Bank CA St. Gallen AG ("Bank CA") and of swissregiobank AG ("swissregiobank") have approved the merger of both institutions at their extraordinary meeting on 23 September 2011. The SIX listed Bank CA as the transferring company has ceased to exist and will be delisted on 29 September 2011. The shareholders of Bank CA will receive 1.1762 swissregiobank shares for each Bank CA share. The merged entity has changed its name to acrevis Bank AG.
Bär & Karrer has supported both banks in the planning and preparation of this merger. The team included Rolf Watter, Robert Waldburger, Peter Hsu, Katja Roth Pellanda, Eva Bilek, and Nadina Duss.