Germany acts to limit hostile takeovers

Author (Person)
Series Title
Series Details 11.7.01, p10
Publication Date 11/07/2001
Content Type

The German cabinet decided on 11 July 2001 on a draft law regulating company takeovers and a code of conduct to tighten corporate governance standards among publicly listed companies, in line with recommendations from a high-level commission that reported on 10 July 2001. The German Government had welcomed the rejection of the European takeover directive in the European Parlimaent on 4 July 2001 by German MEPs.

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Countries / Regions