News

24 June 2009
News

FINMA Takeover Committee reviews appeal against TOB decision 410/02 regarding "Quadrant AG"

Within the framework of the current tender offer of Aquamit B.V. for all outstanding registered shares of Quadrant AG, the Swiss Takeover Board (TOB) has determined, in its decision 410/02 dated 16 June 2009, that the public tender offer of Aquamit meets the legal requirements. The qualified shareholder Sarasin Investmentfonds Ltd challenged the decision 410/02. The FINMA Takeover Committee is reviewing the matter.