Pestalozzi advises Pension Fund of Alcatel Lucent Schweiz AG in respect to the transfer of its real estate portfolio to two major Swiss investment foundations
This matter involves the transfer of the various real properties pursuant to the Swiss Merger Act in exchange for participation certificates and cash for all real estate directly held by the pension fund to two investment foundations. Our client Alcatel-Lucent Schweiz AG is part of Alcatel-Lucent, a global innovator in telecommunications with revenue of EUR 14.436 Billion (2013). High complexity characterizes this matter due to the number of properties involved, the involvement of several cantons and in the light of the investment regulations in relation to the pool of persons insured.