Switzerland: M&A/Private Equity

Switzerland's Federal Council has opened consultation on the Investment Screening Ordinance, which establishes the implementing provisions for the Swiss Federal Act on the Review of Foreign Investments adopted in December 2025. The ordinance details approval requirements, procedures, and exemptions for foreign state-controlled acquisitions of Swiss companies in critical sectors, while introducing anti-circumvention measures and a fee structure ranging from CHF 5,000 to CHF 60,000.

In a landmark ruling (9C_606/2025, 24 February 2026), the Swiss Federal Supreme Court has for the first time directly addressed the deductibility of interest following a debt push-down in a leveraged buy-out...

In mergers and acquisitions, corporate governance plays a key role. It influences deal structures, risk management and post-transaction integration. The panel examined recent high-profile M&A transactions...