Latest Decisions in Takeover Matters
Decision 630/03 dated 22 November 2017 in the matter of gategroup Holding Ltd.
In its decision 630/03, dated 22 November 2017, in the matter of gategroup Holding Ltd., the Swiss Takeover Board asserted that the information about the offeror, HNA Aviation (Hong Kong) Air Catering Holding Co., Ltd., as disclosed in the Offer Prospectus dated 20 May 2016 is partially untrue or incomplete.
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Procedural decision dated 17 November 2017 in the matter of SHL Telemedicine Ltd.
In the matter of SHL Telemedicine Ltd. the Swiss Takeover Board has published a procedural decision relating to a procedure regarding a possible violation of the duty to make an offer according to art. 135 FMIA.
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Procedural decision dated 18 September 2017 in the matter of gategroup Holding Ltd.
In the matter of gategroup Holding Ltd. the Swiss Takeover Board has published a procedural decision.
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Procedural decision dated 11 September 2017 in the matter of SHL Telemedicine Ltd.
In the matter of SHL Telemedicine Ltd. the Swiss Takeover Board has published a procedural decision.
Click here to view the procedural decision.
Decision 671/01 dated 6 September 2017 in the matter of 5EL Ltd
In its decision 671/01, dated 6 September 2017, in the matter and in the context of the financial reorganization of 5EL Ltd, the Swiss Takeover Board has granted Highlight Finance Corp. an exemption of the duty to make a public takeover offer to the shareholders of 5EL Ltd.
Click here to view the decision 671/01.
Decision 670/01 dated 28 August 2017 in the matter of ImmoMentum Ltd
In its decision 670/01, dated 28 August 2017, in the matter of ImmoMentum Ltd, the Swiss Takeover Board held that Talbot Holding AG's public tender offer to the shareholders of ImmoMentum AG meets the legal requirements.
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Decision 651/07 dated 29 May 2017 in the matter of Lifewatch Ltd
In its decision 651/07, dated 29 May 2017, in the matter of LifeWatch Ltd, the Swiss Takeover Board held that the modification of the public takeover offer of Cardiac Monitoring Holding Company, LLC to the shareholders of LifeWatch Ltd and the report of the board of LifeWatch Ltd meet the legal requirements.
Click here to view the decision 651/07.
Decision 651/06 dated 22 May 2017 in the matter of Lifewatch Ltd
In its decision 651/06, dated 22 May 2017, in the matter of LifeWatch Ltd, the Swiss Takeover Board has granted an extension of the offer of Cardiac Monitoring Holding Company, LLC and of AEVIS VICTORIA SA until 31 May 2017.
Click here to view the decision 651/06.
Decision 651/04 dated 12 April 2017 in the matter of Lifewatch Ltd
In its decision 651/04, dated 12 April 2017, in the matter of LifeWatch Ltd, the Swiss Takeover Board has granted Cardiac Monitoring Holding Company, LLC an extension of the deadline for the publication of the offer prospectus until 25 April 2017.
Click here to view the decision 651/04.
Decision 651/03 dated 3 April 2017 in the matter of Lifewatch Ltd
In its decision 651/03, dated 3 April 2017, in the matter of LifeWatch Ltd, the Swiss Takeover Board has decided that AEVIS VICTORIA SA has to publish various supplements to the offer prospectus until 5 April 2017.
Click here to view the decision 651/03.
Decision 651/02 dated 28 March 2017 in the matter of Lifewatch Ltd
In its decision 651/02, dated 28 March 2017, in the matter of LifeWatch Ltd, the Swiss Takeover Board held that the report of the board of directors of LifeWatch Ltd. regarding the public takeover and exchange offer of AEVIS VICTORIA SA to the shareholders of LifeWatch Ltd complies with the statutory provisions and that LifeWatch Ltd did not violate the principle of equal treatment vis-à-vis AEVIS VICTORIA SA with respect to the access to information from due diligence.
Click here to view the decision 651/02.
Decision 648/02 dated 9 March 2017 in the matter of Pax Anlage AG
In its decision 648/02, dated 9 March 2017, in the matter of Pax Anlage AG, the Swiss Takeover Board held that the public takeover offer of Baloise Life Ltd to the shareholders of Pax Anlage AG complies with the statutory provisions on public takeover offers.
Click here to view the decision 648/02.
Decision 651/01 dated 17 February 2017 in the matter of Lifewatch Ltd
In its decision 651/01, dated 17 February 2017, in the matter of Lifewatch Ltd, the Swiss Takeover Board held that the mixed (cash and shares) public takeover offer of AEVIS VICTORIA SA to the shareholders of Lifewatch Ltd complies with the statutory provisions on public takeover offers.
Click here to view the decision 651/01.
Decision 650/01 dated 7 February 2017 in the matter of AP Alternative Portfolio Ltd
In its decision 650/01, dated 7 February 2017, in the matter of AP Alternative Portfolio Ltd, the Swiss Takeover Board has exempted the public buyback program of Alternative Portfolio Ltd from the provisions governing public takeover offers.
Click here to view the decision 650/01.
Decision 652/01 dated 14 February 2017 in the matter of Actelion Ltd
In its decision 652/01, dated 14 February 2017, in the matter of Actelion Ltd, the Swiss Takeover Board held that the public takeover offer of Janssen Holding LLC to the shareholders of Actelion Ltd complies with the statutory provisions on public takeover offers.
Click here to view the decision 652/01.
Decision 649/01 dated 17 January 2017 in the matter of Orascom Development Holding Ltd
In its decision 649/01, dated 17 January 2017, in the matter of Orascom Development Holding Ltd, the Swiss Takeover Board has exempted that the provisions regarding public takeover offers are not applicable to the obligations of Orascom Development Holding Ltd resulting from the delisting of their Egyptian Depositary Receipts.
Click here to view the decision 649/01.
Decision 648/01 dated 4 January 2017 in the matter of Pax Anlage AG
In its decision 648/01, dated 4 January 2017, in the matter of Pax Anlage AG, the Swiss Takeover Board declared that the pre-announcement of the public takeover offer of Baloise Life Ltd to the shareholders of Pax Anlage AG complies with the statutory provisions on public takeover offers.
Click here to view the decision 648/01.
* Decision not yet included in the Case Law Commentary on takeoverpractice.ch.