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
January 25, 2006 at 07:03 PM
1 minute read
The original version of this story was published on Legalweek
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.
Mergers
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