UPDATE 1-FINMA grants exemption, clears way for Schmolz+Bickenbach capital hike
Swiss market supervisor FINMA on
Monday allowed Schmolz+Bickenbach’s big shareholders to
increase their stakes without having to make a takeover offer
for the entire business, boosting the steelmaker’s fight for
survival.
Monday allowed Schmolz+Bickenbach’s big shareholders to
increase their stakes without having to make a takeover offer
for the entire business, boosting the steelmaker’s fight for
survival.
Posted by Reuters
