SWISS TAKEOVER BOARD

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.        

News

Bank Linth LLB AG

The Swiss Takeover Board has made statements regarding the purchase and partial exchange offer of Liechtensteinische Landesbank AG to the shareholders of Bank Linth LLB AG.

Spice Private Equity AG

The Swiss Takeover Board has made statements regarding the buyback program of Spice Private Equity Ltd.  

Vifor Pharma AG

The Swiss Takeover Board has ascertained the compliance of the public tender offer of CSL Behring AG to the shareholders of Vifor Pharma AG with the legal requirements and made some statements regarding the handling of the employee participation programs of Vifor Pharma AG in respect of the public offer of CSL Behring AG to the shareholders of Vifor Pharma AG.

Vifor Pharma AG

The Swiss Takeover Board has determined that the conditions of the pre-announcement of CSL Limited’s public tender offer to the shareholders of Vifor Pharma AG comply with the provisions governing public takeover offers and that the price of the offer can consist of US-dollars.  

VT5 Acquisition Company AG

The Swiss Takeover Board has made statements regarding the buyback program of VT5 Acquisition Company Ltd and commented on its statutory opting out.

Spice Private Equity AG

The Swiss Takeover Board has made statements regarding the buyback program of Spice Private Equity Ltd.

Roche Holding AG

The Swiss Takeover Board has granted André Hoffmann, Marie-Anne Hoffmann, Vera Michalski, Alexander Hoffmann, Frederic Hoffmann, Isabel Hoffmann, Lucas Hoffmann, Marina Hoffmann, Kasia Barbotin-Larrieu, Tatiana Fabre, Andreas Oeri, Catherine Oeri, Sabine Duschmalé, Jörg Duschmalé, Lukas Duschmalé and the Fondation Wolf an exemption from the duty to make a public tender offer concerning Roche Holding Ltd.

Polyphor AG

The Swiss Takeover Board has made statements regarding the non-existence of the obligation to launch a tender offer to Polyphor Ltd.’s shareholders in connection with changes in the shareholder structure of Polyphor Ltd.