| 25.05.2007 Opalesque exclusive: Laxey hedge fund may be hit by a $200 million fine |
| From Benedicte Gravrand, Geneva:
Laxey hedge fund, run by Swiss manager Roger Bühler, has secretly managed to acquire 22.89% of Implenia SA (largest Swiss construction company), partly thanks to cash options, Swiss paper Le Temps reported earlier. These financial instruments do not require any advance notice. Investigation is under way The Swiss federal committee of banks (Commission f |