The released final result is definitive: Swisscom now owns 98.37% of all PubliGroupe shares. All conditions of the bid (see point 2.7 in the offer prospectus) have been met, provided they included no obligations to desist that are valid until such time as the takeover has been completed. The Competition Commission confirmed that it considers the takeover of PubliGroupe Ltd by Swisscom to be unobjectionable. The merger can now be completed without restrictions. The offer price will be paid by Swisscom on 5 September 2014, the same day as the shares will be transferred. Due to the ratio of more than 98%, Swisscom will request that all shares not tendered be cancelled so as to ensure it then owns all PubliGroupe shares. All remaining minority shareholders will receive CHF 214 per share in compensation. The total acquisition price amounts to around CHF 475 million.
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