(Bloomberg) -- Swiss lawmakers are discussing a tightening of takeover rules after foreign investors built stakes in some of the country's largest industrial companies, fueling concern they may be acquired.
Legislators in the capital Bern will today debate whether shareholders should reveal stakes of as little as 3 percent, including options. Investors must now report their holdings only when they reach 5 percent of a company's stock or 5 percent of options, enabling them to buy almost 10 percent undetected.
Read more at Bloomberg Currencies News
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment