Pestalozzi advises Banco Comercial Português, S.A. (BCP) in connection with the sale of its Swiss subsidiary BANQUE PRIVEE BCP (SUISSE) SA based in Geneva
On 28 June 2021, BCP entered into a share purchase and sale agreement with UNION BANCAIRE PRIVEE, UBP SA pursuant to which UBP agreed to purchase all the shares in BANQUE PRIVEE BCP (SUISSE) SA. Following receipt of regulatory approvals, the sale was completed on 2 November 2021.
Pestalozzi represented BCP on all Swiss law aspects of the sale.