Brussels / Luxembourg, 06/06/2001 (Agence Europe) - Tuesday evening, the Council and European Parliament finally reached agreement on the proposal for a directive harmonizing rules applicable to takeover bids. This agreement must be adopted by an absolute majority in Parliament in July, and by a qualified majority in Council, thereby completing the legislative process began twelve years ago.
Parliament won its case over worker consultation who, in a takeover bid, must by informed in time by...