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Switzerland – GVT Credit Suisse Takeover Dossier

On 15 April 2024 SWI GVT issued thematic dossier on CS takeover by UBS. SWI GVT issued comprehensive dossier documenting the takeover of Credit Suisse (CS) by UBS, including relevant information, documents and comprehensive FAQs. Follows SWI PRL Feb. 2024 updated on inquiry following Credit Suisse crisis. Main Points The dossier includes factsheets on the…
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Finland – Gvt Updates Takeover Bid Rules

On 12 April 2024, FIN GVT published decisions presented by the President of the Republic on the session of 12 April 2024, including the confirmation of bill HE 3/2024. FIN PRL accepted bill; President ordered the law to enter into force on 19 April 2024. Background On Feb. 15, 2024, FIN PRL published HE 3/2024…
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U.K. – FB M&A Conference 2024 Takeaways

On 9 April 2024, UK FB reported on M&A Conference 2024 and Beyond. UK FB issued main takeaways of its first M&A Conference: 2024 and Beyond. Overview Inaugural M&A Conference welcomed over 125 delegates ranging from advisory, legal and consultancy practitioners to companies, regulators, government representatives. Experienced line-up of keynote speakers and panellists considered the…
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Taiwan – FSC Securities Substantial Shareholding Reporting

On 10 April 2024, TAI FSC issued rules on stipulating forms for acquirers. TAI FSC, TAI Justice commissioned TAI EXC to handle the report and public announcement made by acquirers of substantial shareholdings of listed company or a company whose shares are neither listed nor traded at the business places of securities firms. Also commissioned…
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Netherlands – DNB UCITS Qualifying Shareholding

On 10 April 2024, NLD DNB said UCITS managers must notify of shareholding. NLD DNB explained that investment firms and managers of UCITS have the obligation to annually notify NLD DNB of the holders of a qualifying shareholding and must also notify DNB when a holder of a qualifying shareholding increases or decreases the interest.…
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U.S. – Blackwells Capital Announced Takeover Plans

On 10 April 2024, Blackwells Capital told shareholders of Braemar Hotels & Resorts Inc. that it intends to takeover the real estate investment trust. Blackwells' told investors it's takeover is necessary to stop the manager from "milking" the company for all it's worth.
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