IFLR1000

Von Finck Family SFr2.3 billion SGS share sale

4/2/2020
Private placement of shares
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SFr 2.3 billion

$ 2.37 billion

Completed

4/2/2020

Overview:

  • The Von Finck family reduced its stake in SGS, a Swiss lab testing and inspection services company, with the placement of 960,000 shares through an accelerated bookbuilding process.
  • The 12.7% SGS stake placed was valued at SFr2.3 billion and left the family with a 3% stake.
  • Credit Suisse was the sole bookrunner.

Natasha Forrest - Researcher

Jurisdiction:

Switzerland

Deal type:

Private placement of shares

Practice area:

Capital markets : Equity

Industry sector:

Pharmaceuticals and life sciences

Firm:
Bär & Karrer

Party: The Von Finck family (Seller)

Lawyer: Dieter Dubs

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