Lenz & Staehelin advises Bertarelli family on the sale of Serono shares to Merck

Lenz & Staehelin has advised Ernesto Bertarelli, his mother Iris Bertarelli and his sister Donata Bertarelli Späth on the sale of their shares in Serono to the global pharmaceutical and chemical company Merck KGaA that was announced September 21, 2006.

Merck has agreed to acquire Serono shares for about CHF 16.6 billion (EUR 10.6 billion) from the Bertarelli family.

The legal team of Lenz & Staehelin was led by Andreas von Planta and included Guy Vermeil and Jacques Iffland from the transaction team and Jean-Blaise Eckert and Daniel Schafer from the tax team.

Lenz & Staehelin collaborated with a team from Skadden Arps Slate Meagher & Flom, led by Stephen Arcano.

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