La préparation d'une offre publique d'acquisition

Published: 10 October 2002

Depuis 1998, la loi fédérale sur les bourses et le commerce des valeurs mobilières offre un cadre légal aux offres publiques d'acquisitions (OPA) en Suisse. En assurant une plus grande égalité des armes entre offrants et sociétés visées en cas d'OPA, cette loi a contribué à changer les relations qui existaient jusqualors entre actionnaires et administrateurs de sociétés publiques dans notre pays. Cet ouvrage donne un apperçu des clauses les plus fréquemment utilisées dans les documents publiés lors d'une OPA. Destiné aux praticiens, il prend la forme d'un prospectus d'offre annoté. Il reproduit et commente des extraits de documents publiés lors de transactions passées, en les plaçant dans le contexte des dispositions légales pertinentes, ainsi que de la pratique développée par la COPA, la CFB, et le Tribunal fédéral. Il aborde aussi des questions stratégiques et tactiques, comme le choix des conditions de loffre et la coordination du calendrier de l'OPA et d'une éventuelle assenmblée générale de la société visé.

106 pages, livre (broché), ISDN 978-3-7255-4396-0, prix CHF 49, Schulthess Verlag, Zurich 2002.

Related publications

SEE ALL

Insights

Insights – 26.08.2024

Swiss sanctions against Russia – Partial implementation of the EU 14th Sanctions Package

Swiss sanctions against Russia – Partial implementation of the EU 14th…

On 21 August 2024, the Swiss Federal Council adopted a new set of sanctions against Russia, further aligning the Swiss sanctions with the European Union's 14th sanctions package. The newly adopted restrictions focus on several key areas, including a ban on Russian diamonds, extended deadlines for divestment transactions approval, and stricter financial and export controls. They are set to enter into force on 27 August 2024. Earlier this summer, SECO updated its "frequently asked questions" (FAQ) document to include clarifications on the definitions of ownership and control, as well as to address "ring-fencing" or "firewall" measures mitigating the effects of control, particularly concerning Swiss entities.

Insights – 12.07.2024

Federal Council proposes changes to derivatives trading rules

Federal Council proposes changes to derivatives trading rules

On June 19, 2024, the Swiss Federal Council published a proposed revision of the Financial Market Infrastructure Act. Among a wide-ranging set of amendments relating to the Swiss market infrastructure and the Swiss market conduct framework, the Federal Council's draft bill also includes a range of amendments relating to derivatives trading rules, including to reporting obligations, counterparty categorization and cross-border transactions. The draft bill is open for comments until October 11, 2024.
SEE ALL
Lenz & Staehelin {PAGENO}/{nbpg}
{PAGENO}/{nbpg}