Swiss speciality chemicals maker Clariant must pay a 750,000 Swiss franc ($752,861) penalty for breaking publication rules in relation to its failed merger with U.S.-based Huntsman Corp., the SIX Swiss Exchange said on Thursday. Clariant announced the proposed merger on May 22, 2017. “However, on May 19, 2017, Clariant had already disclosed potentially price-sensitive information during trading hours to Swiss Radio and Television SRF as part of a television report which was being produced for the TV show ECO,” the exchange said.
source https://finance.yahoo.com/news/clariant-fined-swiss-exchange-breaking-050622523.html?.tsrc=rss