Follow Us

Follow us on Twitter  Follow us on LinkedIn

Article List:


The purpose of this proposal for a Directive is to ensure that minority shareholders in listed companies throughout the EU enjoy the same protection when companies change hands, and to lay down minimum procedural and transparency requirements for takeover bids.

The amended proposal leaves Member States free to meet those requirements in whichever manner is most consistent with their existing practices and structures. It is also designed to ensure that takeovers occur within a secure legal framework in which the rules are known to all interested parties beforehand. It requires Member States to designate an authority (which may be a professional body) to supervise all aspects of bids and to ensure that all requisite information is disclosed in the course of the procedure. It also includes a provision preventing a company%%%%s board from adopting defensive measures against a bid without obtaining prior authorisation from the shareholders%%%% general meeting.

The proposal will be transmitted to the Council and Parliament for adoption under the codecision procedure

Welcome to the GrahamBishop Archive.

If you would like access to more current information please subscribe to our friends membership.

Takeover Bids Directive - 20071 articles out of 1.

Takeover Bids Directive - 20061 articles out of 1.

Takeover Bids Directive - 200317 articles out of 17.

2002 Takeover Bids Directive
2002-12-09 DG Research Working Paper on Takeover Bids
2002-12-03 EP Working Document on Takeover Bids
2002-10-02 Commission proposal on Takeover Bids
2002-06-27 HB: Schröder prevails in EU Takeover Dispute
2002-06-26 FT: Germany goes on attack to shore up company defences
2002-06-25 FT: Brussels to challenge Berlin with proposed EU-wide Takeover law
2002-06-03 EU Court decision on ‘golden share’
2002-02-27 FT: Germany announces voluntary business code
2002-02-27 HB: Germany Steps Up Fight Against EU Reform of Takeover Law
2002-02-26 FT: Takeover Directive back with Brussels
2002-02-21 HB: German Government to block Takeover Directive?
2002-02-05 FESE: Practitioners Working Group on Takeovers – Position Paper
2002-01-31 Wallenberg attacks EU over Takeover Proposals
2002-01-11 FT: Brussels tries again for European takeover code
2002-01-10 Commission publishes Expert’s Report on Takeover Bids

Prior Years Reports

Takeover Bids Directive - 20019 articles out of 9.

Takeover Bids Directive - 20004 articles out of 4.

Takeover Bids Directive - 19972 articles out of 2.

Takeover Bids Directive - 19962 articles out of 2.