BlackRock purchased the Exchange Traded Funds (ETF) business of Credit Suisse

On January 11, 2013, BlackRock, the largest asset manager worldwide, successfully closed the purchase of the ETF business activity of Credit Suisse, which is subject to the regulator’s approval.

Lenz & Staehelin advised BlackRock for the purpose of Swiss legal aspects in this transaction. The team included on the M&A and regulatory side François Rayroux (Lead Partner), Alexandre de Boccard (Senior Associate/Banking), Christelle Conti and Christian Boettcher (Associates/Banking), Frédéric Neukomm (Partner/Tax), Matthias Oertle (Partner/Employment) and Harald Bärtschi (Counsel/Employment).