Swiss Takeover Board

09.09.2019

Groupe Baumgartner Holding SA

The Swiss Takeover Board has determined that Behr Bircher Cellpack BBC AG's public tender offer to the shareholders of Groupe Baumgartner Holding SA meets the legal requirements.

 



17.07.2019

Greenhill & Co. Europe LLP

The Swiss Takeover Board has stated that Greenhill & Co. Europe LLP is suitably qualified in the sense of art. 30 al. 6 TOO to establish fairness opinions in the context of public takeover offers.



12.07.2019

SHL Telemedicine Ltd.

With decision 672/08 the Swiss Takeover Board has made statements regarding a possible cash-out merger pursuant to Israeli law with respect to the fulfillment of the duty to publish a public tender offer according to its decision 672/01.

With decision 672/09 the Swiss Takeover Board has made statements regarding the possible existence of an acting in concert with respect to art. 33 FMIO-FINMA and/or with respect to art. 11 TOO concerning a possible cash-out merger pursuant to Israeli law.



10.07.2019

Alpiq Holding AG

The Swiss Takeover Board has determined that Schweizer Kraftwerksbeteiligungs-AG 's public tender offer to the shareholders of Alpiq Holding AG meets the legal requirements.



31.05.2019

SHL Telemedicine Ltd.

With decision 672/06 of 2 May 2019, the TOB ruled that CR Capital Investment Management Ltd. is granted the position of a party with respect to the question of whether CR Capital Investment Management Ltd. is obliged to launch a mandatory tender offer in the sense of art. 135 para. 1 FMIA or whether CR Capital Investment Management Ltd. is acting in concert together with Himalaya (Cayman Islands) TMT Fund, Himalaya Asset Management Ltd., Xiang Xu und Kun Shen in the sense of art. 11 TOO.

With decision 672/07 of 29 May 2019, the TOB ruled that the price of CHF 8.70 per share of SHL Telemedicine Ltd. for the mandatory tender offer of Himalaya (Cayman Islands) TMT Fund, Himalaya Asset Management Ltd., Xiang Xu, Kun Shen and Mengke Cai to the shareholders of SHL Telemedicine Ltd. has to be reduced in the amount of CHF 1.00 per share of SHL Telemedicine Ltd. to CHF 7.70 per share of SHL Telemedicine Ltd.



29.05.2019

Panalpina Welttransport (Holding) AG

The Swiss Takeover Board has made statements regarding the handling of the employee participation programs of Panalpina Welttransport (Holding) AG in respect of the public exchange offer of DSV A/S to the shareholders of Panalpina Welttransport (Holding) AG.



29.05.2019

Alpiq Holding AG

The Swiss Takeover Board has made statements concerning the application of the Best Price Rule.



13.05.2019

Panalpina Welttransport (Holding) AG

The Swiss Takeover Board has determined that the public exchange offer of DSV A/S to the shareholders of Panalpina Welttransport (Holding) AG 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.