1. BK Vision is engulfed in a legal battle with UBS over a new share structure, which is to eliminate registered shares and introduce a single bearer shares. 2. Both CS Holding and Zurich Insurance shareholders backed a single registered share plan in June. 3. CS Holding, Zurich Insurance and Swiss Reinsurance backed a single registered share last year, while Winterthur Insurance shareholders will vote on the proposal next month. 4. CS Holding, the parent company of Credit Suisse, introduced a single registered share in June. 5. Dutch insurer Aegon NV is already listed in New York in the form of American registered shares. 6. Each of the ARSs -- or American registered shares -- is equal to one ordinary share. 7. During the summer, Parliament approved a law that stops Swiss banks from refusing to sell so-called registered shares with special voting powers to foreigners. 8. Earlier, shareholders at a meeting here approved a plan to convert all bearer shares into registered shares. 9. Ebner and investors in his financial group had realized that the registered shares would help them win power, and began buying them up. 10. Fine said he plans to donate his registered shares to a charitable trust. |
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