Bär & Karrer Advised Tecan on Placement of Shares by Way of an Accelerated Bookbuilding
Tecan Group Ltd. (SIX Swiss Exchange: TECN) has successfully placed 650,000 new registered shares in a private placement by way of an accelerated bookbuilding and completed a capital increase of approx. CHF 360 million to partially refinance the acquisition of Paramit Corporation. The offer price was set at CHF 550 per share. Credit Suisse Ltd. and Joh. Berenberg, Gossler & Co. KG acted as managers in this transaction.
Bär & Karrer acted as legal advisor to Tecan. The team included Ralph Malacrida, Lukas Roesler, Clarissa Marxer, Nico Hunziker (all Capital Markets and Corporate), Susanne Schreiber and Elena Kumashova (both Tax) as well as Thomas Stoltz and Ignaz Müller (both Notarial Services).