KM Financial Solutions | UPDATE 1-FINMA grants exemption, clears way for Schmolz+Bickenbach capital hike
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UPDATE 1-FINMA grants exemption, clears way for Schmolz+Bickenbach capital hike

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.

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