engleski

The EU Thirteenth Directive on Takeover Bids Acceptance and Defensive Instruments

Takeover law establishing in the frame of the EU, as a company law's part, is a long-time procedure.The omission of appropriate target company's management authorisation on undertaking defensive measures against hostile takeover is main default in the proposed directive.It will be necessary to include protection measures against hostile takeover in improvement proposed directive contents.The authors concluded that in further activities on improving proposed directive 13th it will be necessary to analyse the opinion of established expert EU team and its last proposal.

13.directive EU; takeover bid; hostile takeover; defensive instruments; shareholders general meeting

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