E.U. Takeover Rules May Get Makeover
Under the current rules, which have been watered down by national governments in a bid to roadblock cross-border takeovers, the E.U.'s 27 member states have the option to allow various types of corporate defenses.
But the rules, which went into effect last May, are “not very useful” and represent a step “backwards,” Dow Jones reported, citing McCreevy’s...
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