Bär & Karrer Advises IBM on the Spin-off of Kyndryl in Switzerland
IBM Switzerland spun off its managed infrastructure services business to Kyndryl Switzerland in support of the separation of that business globally from IBM to Kyndryl. Kyndryl is now trading on the New York Stock Exchange.
Bär & Karrer acted as Swiss legal advisor to IBM in Switzerland. The team was led by Ralph Malacrida and included Faton Aliu, Tim Salz (all M&A and Corporate), Thomas Stoltz and Ignaz Müller (both Notarial Services), Corrado Rampini and Rocco Rigozzi (both Real Estate) as well as Laura Widmer (Employment).