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Thirteenth Directive - Takeover bids (2004/25/EC)

The aim of this Directive is to achieve greater legal certainty with regard to takeover bids, while protecting the interests of shareholders (and particularly minority shareholders), employees and any other interested parties. Employees or their representatives of the offeree and the offeror company must be informed about the bid and have the right to draft an opinion relating to the takeover.

Legal basis

  • Art. 44 I EC

Amendments

  • no

Employee participation

 

  • Employees or their representatives of the offeree and the offeror company must be informed about the bid;
  • Employees or their representatives have the right to draft an opinion relating to the takeover.

 

Links

 

Alle Overview of Directives