26
Nov
16:25
Swiss authority blocks capital increase at S+B
The Swiss Takeover Board has rejected an approach from Martin Haefner/BigPoint Holding AG that would clear the way for a capital increase at Schmolz+Bickenbach AG (S+B).
Haefner/Big Point had previously announced its intention to participate in a capital increase on the condition that it could increase its stake from 17.5% to at least 37.5%. However, an S+B shareholder must submit a mandatory offer for the other shareholders if the 33.3% threshold is exceeded. H…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous