Swiss Takeover Board
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.
The Swiss Takeover Board has decided that AEVIS VICTORIA SA has to publish a complement to its offer prospectus with the following information : (i) reference to the decision and requirement of the Swiss Takeover Board that a complement to the offer prospectus has to be published; (ii) indication that the statements made by AEVIS VICTORIA SA in para. 2 of the complement to the prospectus of 27 March 2017 must be construed as an interpretation of AEVIS VICTORIA SA; (iii) indication that LifeWatch AG contests this interpretation; (iv) quote of the exact statements made during the press conference of LifeWatch AG from 20. March 2017.
The Swiss Takeover Board determined with its today’s decision that the report of the board of directors of LifeWatch AG regarding the public tender and exchange offer of AEVIS VICTORIA SA meets the legal requirements. The Swiss Takeover Board is of the view that the assessment of the independent committee of the board of directors of LifeWatch AG regarding the conflicts of interest is admissible with view to the legal provision concerning public tender offers and that the information that is contained in its report is sufficient in order to allow the recipients of the offer to be able to make an informed decision.
The Swiss Takeover Board further considered that LifeWatch AG did not violate the principle of equal treatment vis-à-vis AEVIS VICTORIA SA with respect to the access to a due diligence.
Pax Anlage AG
The Swiss Takeover Board has determined that the public tender offer of Basler Leben AG to the shareholders of Pax Anlage AG meets the legal requirements.
The Swiss Takeover Board has determined that the public tender and exchange offer of AEVIS VICTORIA SA to the shareholders of LifeWatch AG meets the legal requirements.
The Swiss Takeover Board has determined that Janssen Holding LLC's public tender offer to the shareholders of Actelion Ltd meets the legal requirements.
The Swiss Takeover Board (TOB) is a Federal Commission established under the Federal Act on Stock Exchanges and Securities Trading of March 24, 1995. The Takeover Board shall, in each case, ensure compliance with the rules applicable to public offers.