EQT, together with ADIA and Auba, successfully complete the sale of 14.3% of Galderma’s share capital via an accelerated bookbuilding process, exiting in full their investment

Sunshine SwissCo GmbH (a consortium led by EQT), together with Abu Dhabi Investment Authority and Auba Investment Pte. Ltd., have successfully placed ca. 34 million shares in Galderma Group AG at a price of CHF 143.75 per share via an accelerated bookbuilding process. The placement raised CHF 4.89 billion in total. Following the placement, the selling shareholders have fully exited their investment in Galderma.

Niederer Kraft Frey represented the banking syndicate in the transaction, consisting of Citigroup, Goldman Sachs, Jefferies, J.P. Morgan, Morgan Stanley and UBS.

The NKF team was led by Capital Markets partner Deirdre Ni Annrachain, working together with associate Manuel Hirlinger and junior associate Janyar Assa’d (both Capital Markets).