Oxford Business Law Blog | Oxford Law Blogs

Faculty of law blogs / UNIVERSITY OF OXFORD

Posted between

Items per page

Sort by

Reflecting on Concerted Action in Relation to Mandatory Takeover Bids: Shareholders' Agreements and the Concerted Exercise of Voting Rights

27 February 2023

by

Javier García de Enterría

The Mandatory Bid Rule – Unnecessary, Unjustifiable and Inefficient

The Mandatory Bid Rule (MBR) forms an important part of the EU Directive (2004/25) on Takeover Bids. The MBR is generally seen as a benign protection of investors in listed...

by

Jesper Lau Hansen

ECJ in Marco Tronchetti Provera v. Consob on price adjustments in mandatory bids in Case of Collusion

In a decision of 20 July 2017 in the case Marco Tronchetti Provera SpA e.a. v Consob, the European Court of Justice ruled for the first time on...

by

Non-frustration Rule and Mandatory Bid Rule – Cornerstones of European Takeover Law?

With the non-frustration rule (‘NFR’) and the mandatory bid rule, the Takeover Bid Directive contains two principles which have strongly influenced British takeover law for approximately 50 years. However, the...

by

Mathias Habersack

Time to make the Board Neutrality Rule Mandatory in the EU

The EU Takeover Bids Directive 2004/25/EC has been in force since 2006. The introduction of an EU level takeover directive was controversial and the difficulty of...

by

With the support of