Pestalozzi advises Zimmer in its USD 14 billion merger with Biomet
On 24 June 2015 /PRNewswire/ -- Zimmer Holdings, Inc. (NYSE and SIX:) ZMH announced on 24 June 2015 that, following the receipt of U.S. Federal Trade Commission clearance, Zimmer has completed the acquisition of Biomet in a cash and equity transaction currently valued at approximately USD 14.0 billion. In connection with the combination, Zimmer has changed its corporate name to Zimmer Biomet Holdings, Inc. The Company will trade on the New York Stock Exchange and the SIX Swiss Exchange under the ticker symbol ZBH beginning on 29 June 2015. Pestalozzi advised Zimmer Biomet on all Swiss law aspects of the transaction.