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Homburger News

Candence Design Systems Inc. aquires BETA CAE Systems

Homburger advises Cadence on its  USD 1.24 bn acquisition of BETA CAE Systems

On March 5, 2024, Cadence Design Systems Inc. (Nasdaq: CDNS), a leading global EDA and Intelligent System Design provider, announced that it has signed a definitive agreement to acquire BETA CAE Systems International AG, a leading provider of multi-domain, engineering simulation solutions headquartered in Switzerland.
Under the terms of the definitive agreement, Cadence will pay approximately USD 1.24 bn for the transaction, with 60 percent of the consideration to be paid in cash and 40 percent to be paid through the issuance of Cadence common stock to current BETA CAE shareholders. The transaction, which is subject to customary conditions, is expected to close in the second quarter of this year.
Homburger advises Cadence Design Systems Inc. on the Swiss aspects of the transaction. The Homburger team is led by Daniel Hasler and includes Léonard Aeschlimann, Bianca Nedwed, Daniel Bötticher, Paula Delissen and Luc Huber (all Corporate / M&amp;A), Gregor Bühler and Kimberly Amrein (both Employment and Executive Compensation), Kirsten Wesiak-Schmidt and Marc Wang (both IP / IT), Jonas Krull (Competition, Regulatory), as well as Peter Müller (Tax).

Homburger advises Cadence on its USD 1.24 bn acquisition of BETA CAE Systems

Crown

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On August 3, 2023, Crown Holdings, Inc., a leading global supplier of rigid packaging products to consumer marketing companies, as well as transit and protective packaging products, announced that it has signed a definitive agreement to acquire Helvetia Packaging AG, a Swiss supplier of sustainable aluminum beverage packaging with a manufacturing facility in Saarlouis, Germany. The transaction is subject to approval by German anti-trust authorities and is expected to be completed by the end of 2023.
Homburger AG has acted as Swiss counsel to Crown Packaging European Division GmbH on this transaction. The Homburger team was led by Daniel Hasler (Corporate / M&amp;A) and included Francesco Bernasconi (Corporate / M&amp;A), Bianca Nedwed (Corporate / M&amp;A) as well as Florian Bruggisser (Corporate / M&amp;A).

Homburger advised Crown Packaging European Division GmbH on its acquisition of Helvetia Packaging AG

Financing and Investment Products

Migros-web-640x1406

Homburger and Migros

On June 29, 2023, Migros, a cooperative union active in the retail space and Switzerland&#8217;s largest employer, announced the next steps in its plan to bundle its supermarket business (CHF 12 bn. revenues in 2022) in a centrally governed standalone company, Migros Supermarkt AG. Migros Supermarkt AG is scheduled to start its operations on January 1, 2024.
Homburger AG is advising Migros on all corporate, tax and competition law aspects of this reorganization.
The Homburger team is led by Daniel Daeniker and Daniel Häusermann (both Corporate/M&amp;A) and includes Reto Heuberger, Philippe Weber, Philippe Gobet, Alexander Cochardt and Ombeline Hischier (all Tax), Marcel Dietrich, Andreas Burger and Christoph Grüninger (all Competition), Olivier Bühlmann, Oriana Schöni, Bianca Nedwed, Erik Habich and Sabrina Vieli (all Corporate/M&amp;A), as well as Stefan Bindschedler (Finance) and Jeremy Reichlin (Employment).

Bianca
Nedwed

Homburger advises Cadence on its USD 1.24 bn acquisition of BETA CAE Systems

Homburger advised Crown Packaging European Division GmbH on its acquisition of Helvetia Packaging AG

Homburger advises Migros on the reorganization of its supermarket business

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Bianca Nedwed

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BiancaNedwed

Homburger advises Cadence on its USD 1.24 bn acquisition of BETA CAE Systems

Homburger advised Crown Packaging European Division GmbH on its acquisition of Helvetia Packaging AG

Homburger advises Migros on the reorganization of its supermarket business

Join the Team

Bianca Nedwed

Career

Languages

Bar Registration

Teams

Bianca
Nedwed