PRESS RELEASE
15 September 2026

Bär & Karrer Advised Mobiliar On The Reduction Of Its Stake In SMG By Way Of An Accelerated Bookbuilding

BK
Bär & Karrer

Contributor

Bär & Karrer is a leading Swiss law firm with more than 200 lawyers in Zurich, Geneva, Lugano, Zug, Basel and St. Moritz. Our core business is advising our clients on innovative and complex transactions and representing them in litigation, arbitration and regulatory proceedings. Our clients range from multinational corporations to private individuals in Switzerland and around the world. Most of our work has an international component. We have broad experience handling cross-border proceedings and transactions. Our extensive network consists of correspondent law firms which are all market leaders in their jurisdictions. Bär & Karrer was repeatedly awarded Switzerland Law Firm of the Year by the most important international legal ranking agencies in recent years.
On 14 September 2026, Schweizerische Mobiliar Holding AG ("Mobiliar") successfully placed 7.5% of the share capital in SMG Swiss Marketplace Group AG ("SMG") via an accelerated bookbuilding process ("ABB").
Switzerland

On 14 September 2026, Schweizerische Mobiliar Holding AG ("Mobiliar") successfully placed 7.5% of the share capital in SMG Swiss Marketplace Group AG ("SMG") via an accelerated bookbuilding process ("ABB"). As a result, its stake in SMG decreased from 19.3% to 11.8%. As part of the ABB, TX Group AG placed an order to acquire approx. 3.4 million shares in SMG, which was allocated in full, and SMG participated in the ABB by repurchasing approx. 1 million of its shares. The remaining shares were sold to institutional investors. Goldman Sachs, J.P. Morgan and UBS acted as joint global coordinators and joint bookrunners for the ABB.

Bär & Karrer acted as legal advisor to Mobiliar in this transaction. The team included Urs Kägi, Marie-Cristine Kaptan, Matthias Tanner, Marlene Lienau Schindler and Julia Büchler (all Capital Markets & Listed Companies), Peter Hsu (Regulatory) and Susanne Schreiber and Fabian Capt (both Tax).

Contributor

Bär & Karrer is a leading Swiss law firm with more than 200 lawyers in Zurich, Geneva, Lugano, Zug, Basel and St. Moritz. Our core business is advising our clients on innovative and complex transactions and representing them in litigation, arbitration and regulatory proceedings. Our clients range from multinational corporations to private individuals in Switzerland and around the world. Most of our work has an international component. We have broad experience handling cross-border proceedings and transactions. Our extensive network consists of correspondent law firms which are all market leaders in their jurisdictions. Bär & Karrer was repeatedly awarded Switzerland Law Firm of the Year by the most important international legal ranking agencies in recent years.

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