Shearman & Sterling acted as international counsel to Jacobs Holding AG in connection with a private placement of 550,000 shares of Barry Callebaut AG by way of accelerated bookbuilding at a price of CHF 1,990.00 per share (total approx. CHF1.1 billion). The number of placed shares represent 10 percent of Barry Callebaut’s share capital. Credit Suisse and Goldman Sachs International acted as joint bookrunners.