Bafin launches market abuse probe

Daily news headlines

BERLIN - German federal regulator Bafin has begun an insider trading probe into an alleged scam involving shares in subscription TV broadcasting firm Premiere.

The regulator's investigation is looking into trades linked to a correction in the company's subscription base, a Bafin spokesman reportedly told Reuters. In October 2008, Premiere said it was changing its method for counting subscribers, causing its list of subscribers to fall by 940,000 compared with the previous list.

Premiere is undergoing a restructuring plan in an attempt to find €525 million ($689 million) through two issues of new shares. The subscription window for the second rights issue will close on April 17.

  • LinkedIn  
  • Save this article
  • Print this page  

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: