The new Spanish public takeover regulations came into force on 13 August, 2007, introducing the principles of the European Union's Takeover Directive and also taking the opportunity to renovate substantial aspects on public takeovers, abolishing former regulations, improving old concepts and developing new rules.
January 30, 2008 at 08:49 PM
1 minute read
The original version of this story was published on Legalweek
The new Spanish public takeover regulations came into force on 13 August, 2007, introducing the principles of the European Union’s Takeover Directive and also taking the opportunity to renovate substantial aspects on public takeovers, abolishing former regulations, improving old concepts and developing new rules.
The new set of rules attempts to orderly address issues raised in previous non-solicited offers and competitive processes. Examples include:
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