Luxembourg: a bill to organize takeover bids

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10 February 2006 à 13h08

Updated on 20 March 2013 à 20h01

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Publication: 10 February 2006 à 13h08, Updated on 20 March 2013 à 20h01

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The submission to the House of Commons of a bill transposing directive 2004/65/EC, on February 7, 2006, came during an agitated period: the takeover bid of Mittal on Arcelor. With this transposition, Luxembourg should obtain what it didn't have before: legislation on takeover bids. (Ref. 06122)
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10 February 2006 à 13h08

Updated on 20 March 2013 à 20h01

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1 minute

Publication: 10 February 2006 à 13h08, Updated on 20 March 2013 à 20h01

Reading time: 1 minute

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Luc Frieden, the Luxembourg Minister for Justice and Budget, indicated that this bill was “neither an anti-Mittal, nor a pro-Arcelor law”.

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