As part of Tamedia AG's current tender offer for all PubliGroupe S.A.'s outstanding registered shares, the Swiss Takeover Board (TOB) determined in decision 562/01 of 11 June 2014 that Tamedia's public tender offer does meet the legal requirements provided that some adjustments and additions are made to the offer prospectus.
Tamedia AG had challenged the TOB's decision 562/01 particularly with regard to a condition being omitted in the offer prospectus. On 3 July 2014, the FINMA Takeover Committee dismissed the appeal of Tamedia in sofar as it has not already become devoid of purpose.