CLIENT: Cornèr Banca

TRANSACTION: M&A

DATE: December 2011

SECTOR: Financial institutions

Mandate: 
Advisory to Cornèr Banca, a swiss banking group leader in private banking activities and in the credit cards issuing industry, in the acquisition of 100% of Valartis Bonus Card, a leading player in the issuance of credit and prepaid cards in Switzerland.

Activities performed:
analysis of the business, economic and financial profiles of Valartis Bonus Card;
set up of a complex and detailed simulation model concerning the economic and financial results by product line as well as the foreseen industrial synergies deriving from the integration of the target in the Cornèr Banca Group;
valuation of Valartis Bonus Card;
assistance in the preparation an discussion of all offers and commercial correspondence, as well ass legal documentation pertaining to the transaction;
negotiation of all relevant profiles with the seller.

Deal value: n.d.

 

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