News

25 March 2009
News

FINMA Takeover Chamber is reviewing the appeal against TOB decision 403/02 regarding Harwanne Compagnie de participations industrielles et financières SA

Within the framework of the announced takeover bid of MMA Vie SA, the Swiss Takeover Board (TOB) quashed, in its decision 403/02 dated 16 March 2009, its decision 403/01, required that MMA Vie SA has the securities, object of the bid, evaluated by an auditor until 31 March 2009 and withdrew the suspensive effect in case of an appeal. MMA Vie SA challenged these points of the decision 403/02. The FINMA Takeover Chamber is reviewing the matter.