Deutsche Börse’s Acquisition of Minority Stake in Clearstream Fund Centre

Baker McKenzie has acted as legal adviser to UBS Group and UBS AG. Bär & Karrer acts as legal advisor to Deutsche Börse Group on this transaction.

UBS Group and UBS AG signed an agreement to sell its remaining minority stake (48.8%) in Clearstream Fund Centre (CFC) to Deutsche Börse AG for approximately CHF 390 million.

UBS provides financial advice and solutions to wealthy, institutional and corporate clients worldwide, as well as private clients in Switzerland.

The Baker McKenzie team was led by Ansgar Schott (Picture), Pascal Richard and Petra Hanselmann (both M&A) and included Boris Wenger (Competition Law), Ramon Tissafi (M&A) and Markus Winkler (Financial Services).

The Bär & Karrer team included Mariel Hoch, Marlene Lienau and Jasmin Bächtold (all M&A), Daniel Flühmann and Tiffany Ender (both Banking & Finance) as well as Mani Reinert and Tobias Rebmann (both Antitrust).

Involved fees earner: Petra Hanselmann – Baker McKenzie; Pascal Richard – Baker McKenzie; Ansgar Schott – Baker McKenzie; Ramon Tissafi – Baker McKenzie; Boris Wenger – Baker McKenzie; Markus Winkler – Baker McKenzie; Jasmin Bächtold – Bär & Karrer; Daniel Flühmann – Bär & Karrer; Mariel Hoch – Bär & Karrer; Marlene Lienau – Bär & Karrer; Tobias Rebmann – Bär & Karrer; Mani Reinert – Bär & Karrer;

Law Firms: Baker McKenzie; Bär & Karrer;

Clients: Deutsche Börse; UBS; UBS AG;

Author: Federica Tiefenthaler