Switzerland: The surging European deal market has seen hostile bids return to Switzerland - a phenomenon that has coincided with a major overhaul of the country's takeover regime. Urs Gnos and Ueli Sommer report
Compared with 2004, Swiss M&A activity increased in 2005. In recent years, hostile public takeovers have been rare, but this changed towards the end of 2005. Among the most notable transactions were the intended acquisition of flooring group Forbo by CVC Capital Partners, which failed due to the resistance of a minority shareholder, and the takeover battles for Saia-Burgess Electronics and Leica Geosystems.
This premium content is reserved for
Legal Week Subscribers.
A PREMIUM SUBSCRIPTION PROVIDES:
- Trusted insight, news and analysis from the UK and across the globe
- Connections to senior business lawyers within the leading law firms and legal departments
- Unique access to ALM's unrivalled, market-leading reporting in the US and Asia and cutting-edge research, including Legal Week's UK Top 50 and Global 100 rankings
- The Legal Week Daily News Alert, Editor's Highlights, and Breaking News digital newsletters and more, plus a choice of over 70 ALM newsletters
- Optimized access on all of your devices: desktop, tablet and mobile
- Complete access to the site's full archive of more than 56,000 articles
Already have an account? Sign In Now
For enterprise-wide or corporate enquiries, please contact Paul Reeves on Preeves@alm.com or call on +44 (0) 203 875 0651