Baloise is to acquire a majority shareholding in Pax Anlage AG and to make a public takeover offer for the remaining shares. This transaction represents a further expansion of Baloise's real-estate portfolio and Baloise thereby invests up to CHF 288 million of insurance assets in a secure and attractive asset class. The transaction is subject to governmental approvals.

VISCHER advises Baloise. The VISCHER team is led by partner Benedict F. Christ and included Peter Kühn, Vincent Reardon, Seraina Tsering, Dominic Wyss und Luzius Zumstein (corporate/M&A), Roland Müller, Peter Hettich, Manuel Blättler, Moritz Jäggy, Rebekka Keller, Reto Marghitola, Elias Mühlemann (real estate), Klaus Neff (anti-trust) and Delia Bosshard (IP).