Baker McKenzie has advised the VT5 Acquisition Company – a SIX-listed Swiss special purpose acquisition company – on the acquisition of R&S International Holding AG, an agreed business combination to take the R&S Group public on the SIX Swiss Exchange. Swiss law firm Advestra advised sole global coordinator UBS and joint bookrunner ZKB.
The R&S Group is a Basel-based engineering company dealing in electrical infrastructure components.
According to Baker McKenzie, “at a special meeting of holders of VT5 class A shares, an overwhelming majority voted in favor of acquiring the R&S Group and approved the transaction with 99% of all votes cast. December 13, 2023, marked the completion of the offering of new shares and redeemed shares, as well as the first day of trading for the renamed company R&S Group Holding AG, according to the Swiss Reporting Standard of the SIX Swiss Exchange.”
The Baker McKenzie team included Warsaw-based Partner Tomasz Krzyzowski and additional lawyers in Switzerland, the UK, the US, and Italy.
