Swiss Takeover Board
Job vacancy: Legal Counsel (m/f) or Business Economist (m/f)
To replace a vacant position, the Swiss Takeover Board is looking for a Legal Counsel (m/f) or a Business Economist (m/f)
23.08.2010
Day Software Holding AG
The Swiss Takeover Board has determined that the public offer of Adobe Systems Benelux B.V. to the shareholders of Day Software Holding Inc meets the legal requirements.
30.07.2010
Genolier Swiss Medical Network SA
The Swiss Takeover Board has determined that neither Michael Schröder nor Katrin Reincke-Schröder acted in concert with Alain Fabarez, Lincoln Vale European Partners Master Fund L.P. and Jaime Rosell on the occasion of the general assembly of 9 June 2010 of Genolier Swiss Medical Network SA.
07.08.2010
Advanced Digital Broadcast Holdings SA
The Swiss Takeover Board has acknowledged the absence of a duty to make an offer regarding Advanced Digital Broadcast Holdings SA for the shareholder group composed of Andrew Rybicki, Maria Rybicki, Katherine Rybicki-Justo, Sofia Justo, John Justo, Chen Yun "Jessica" Lu, Krzysztof Bilinski, Pierre-Alain Nicati, François Pogodalla, Alessandro Brenna, Tina Nyfors, Thomas Steinmann, 4T SA and Gesualdo Ltd.
07.08.2010
Buyback programmes at market price on a separate trading line: New auction model
A working group consisting of the Swiss Takeover Board, the SIX Swiss Exchange and the FINMA has developed an auction model that aims to replace the separate trading line used for buyback programmes. From 22 March until 16 April 2010, the Swiss Takeover Board carried out a public consultation that was addressed to interested parties.
From today, the results of this consultation can be retrieved at http://www.takeover.ch/legaltexts/detail/id/186/lang/en .
The project regarding the revision of the separate trading line for buyback programmes will be carried on by the FINMA as the leading authority, in collaboration with the Swiss Takeover Board. At a later date, the FINMA will inform about the further proceedings.
29.06.2010
TOB Circular No. 3: Examination of Public Takeover Offers
The Swiss Takeover Board has adopted its TOB Circular No. 3 "Examination of Public Takeover Offers" on 25th June 2010.
21.06.2010
Mach Hitech AG in Liquidation
The Swiss Takeover Board has granted an exemption to K-S Anlage AG from the duty to make an offer to the shareholders of Mach Hitech AG.
06.08.2010
COS Computer Systems AG
The Swiss Takeover Board has acknowledged the absence of a duty to make an offer regarding COS Computer Systems AG for Johannes Hubertus Jozef Maria Kelders.
06.03.2010
Form "Declaration of transactions during a buyback programme"
The Swiss Takeover Board has published today its form for the declaration of transactions during a buyback programme.
06.02.2010
HBM BioVentures
The Swiss Takeover Board has, in the context of the current buyback, granted an exemption to HBM BioVentures AG regarding blackout periods.
The Swiss Takeover Board (TOB) is a Federal Commission established under the Federal Act on Stock Exchanges and Securities Trading of March 24, 1995. It has jurisdiction to issue general rules and ensure compliance with the provisions applicable to public takeover offers.
This web site is designed to inform the public about the Board's practice and rulemaking activity. To extend the range of usual consultation procedures, proposed rules and regulations will be released before adoption.
All comments and suggestions concerning the legal texts, the additional texts issued by the Board, the proposed rules and regulations or the site conception would be welcome. Use our Contact to send us your comments.