24 April 2018 I Deals and Cases

Bär & Karrer Advises Deutsche Börse on the Acquisition of Swisscanto Funds Centre

Clearstream International S.A., a subsidiary of Deutsche Börse, acquired all shares in the London based Swisscanto Funds Centre Limited. The deal allows Clearstream to expand its services in the funds space with the management of distribution contracts and data processing. The purchase agreement was signed on 23 April 2018. The transaction is expected to close within the third quarter of 2018, subject to approval of the relevant authorities.

Bär & Karrer advises Clearstream, a Deutsche Börse group company, as Swiss legal counsel, while Allen & Overy acts as EU legal counsel. The Bär & Karrer team includes Mariel Hoch, Thomas U.Reutter, Fabienne Perlini-Frehner, Basil Hotz, Monika Maric (M&A), Peter Hsu, Sandro Fehlmann, Tiffany Ender, Nina Sauerwein, Kaspar Luginbühl, Valentina Eichin (Financial Regulation), Mani Reinert (Competition Law) and Susanne Schreiber (Tax).