News

14 July 2011
News

FINMA Takeover Committee reviews appeal against TOB decision 410/03 regarding "Quadrant AG"

In its decision 410/03 dated 5 July 2011, the Swiss Takeover Board has ascertained that Skandinaviska Enskilda Banken AB Frankfurt Branch is qualified and independent to prepare the additional audit operations in accordance with the decision B-5272/2009 of the Supreme Administrative Court from 30th november 2010. The qualified shareholder Sarasin Investmentfonds Ltd has challenged the decision 410/03. The FINMA Takeover Committee is reviewing the matter.