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Corporate Finance/M&A

20 May 2020
Alexander Vogel Fulfilment of Swiss takeover offer obligation by completing a merger

Switzerland - Meyerlustenberger Lachenal

The Takeover Board recently confirmed its case law on whether the obligation to make a public takeover offer may be fulfilled by completing a merger. However, the Takeover Board's arguments were based heavily on the specifics of the case at hand. It seems possible, if not likely, that the Takeover Board would have come to a different conclusion had the merger been structured differently.

Authors: Alexander Vogel, Camillo Devecchi
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