Tag Archives: CapLaw-2013-6

Takeover Board Decision in the Matter of Repower

In its recent decision in the matter of Repower AG (Repower) dated 13 November 2012, the Takeover Board (TOB) granted an exemption from the obligation to make an offer in accordance to article 32(2)(a) of the Stock Exchange Act (SESTA) with regard to a transfer of voting rights within a group of shareholders.