A tender offer is the most common way to obtain control of a listed company in Switzerland. In a hostile scenario, it is the only form of transaction that allows seeking control against the will of the target’s board. Furthermore, tender offers are popular for going-private transactions and repurchase programs, or when introducing a holding structure.
This book, from experienced lawyers of the Swiss business law firm VISCHER, provides a concise and practical guide to Swiss takeover and shareholder disclosure law and the extensive practice of the Swiss regulators. It is addressed to lawyers in private practice and to in-house counsel as well as to other practitioners in public M&A (board members, members of management, investment bankers, auditors, etc.). In addition, this book will prove a valuable text for law and business students interested in public takeovers.