Examples of Swiss Merger Act in a sentence
Under the Swiss Merger Act, UBS AG is jointly liable for obligations existing on the asset transfer date that have been transferred to UBS Switzerland AG.
The Swiss Merger Act provides for the possibility of a so-called “cash-out” or “squeeze-out” merger if the acquirer controls 90% of the outstanding shares.
Furthermore, the Offeror may consider implementing one or several other transactions under the Swiss Merger Act.
Joint and several liabilityIn June 2015, the Personal & Corporate Banking and Wealth Management businesses booked in Switzerland were transferred from UBS AG to UBS Switzerland AG through an asset transfer in accordance with the Swiss Merger Act.
Effective July 6, 2012 Schweizerische Gesellschaft für Kapitalanlagen SGK AG, Zürich, was merged with Credit Suisse Funds AG, Zurich, pursuant to the Swiss Merger Act.
The only vote of the shareholders of the Company required to adopt the Merger Agreement and approve the Merger (the “Subsequent Company Shareholder Approval”) is the affirmative vote of at least 90% of all outstanding Company Common Shares (excluding shares held by the Company) as required pursuant to Article 18 (5) Swiss Merger Act, with such vote to be recorded in the form of a public deed as required pursuant to Article 20 (1) Swiss Merger Act.
At the Customers’ request, BPA Account Executives shall provide Customers details of their charges under the Surcharge.
The Swiss Financial Market Supervisory Authority (FINMA) estimates the share of UBS Switzerland AG from 1 July 2022 to 31 December 2022 to be CHF 883m, which is reflected in the table above.Joint and several liabilityIn June 2015, the Personal & Corporate Banking and Wealth Management businesses booked in Switzerland were transferred from UBS AG to UBS Switzerland AG through an asset transfer in accordance with the Swiss Merger Act.
A shareholder of a Swiss corporation participating in a statutory merger or demerger pursuant to the Swiss Merger Act (Loi sur la fusion) can file a lawsuit against the surviving company.
Under the Swiss Merger Act, UBS AG will be jointly liable for obligations existing on the asset transfer date that are transferred to UBS Switzerland AG.