SWISS TAKEOVER BOARD
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.
The Swiss Takeover Board has issued statements on the non-existence of the obligation to make a public tender offer to Mikron Holding AG’s shareholders and has granted an exception to NewCo (which is being incorporated) from the obligation to make a public tender offer for the shares of Mikron Holding AG.
The Swiss Takeover Board has made statements regarding the exchange offer of Idorsia Ltd.
The Swiss Takeover Board has published its activity report 2024 today.
With respect to the public offer of Alpine 2 SCSp to the shareholders of Ultima Capital SA the Swiss Takeover Board has published the following decision regarding the report of the board of directors.
The Swiss Takeover Board has determined that the opting-out provision contained in Article 6quinquies of the articles of association of Perrot Duval Holding SA is valid under Swiss takeover law.