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Europe Daily Bulletin No. 7740

19 June 2000
Contents Publication in full By article 15 / 41
GENERAL NEWS / (eu) eu/internal market
Council adopts common position on takeovers directive

Luxembourg, 19/06/2000 (Agence Europe) - The Council has adopted its common position on the takeovers directive. It is now up to the Parliament to give its stance in second reading, before end October. The directive will guarantee a minimum level of legal certainty for takeovers and should also ensure "an adequate level of protection for minority shareholders throughout the Union when control of a company changes", recalls the Commission in a press release. After being discussed at length,...

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