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Europe Daily Bulletin No. 8150

14 February 2002
Contents Publication in full By article 35 / 46
GENERAL NEWS / (eu) eu/takeovers
Banks want to examine competencies of Take-over regulatory authorities for companies quoted on different stock exchanges

Brussels, 13/02/2002 (Agence Europe) - If the future Take-over Directive does not set out clear rules for identifying the competent regulatory authority in takeovers, European banks are afraid of a clash in different legal systems when companies are quoted on different stock exchanges. A joint Banking Federation of the European Union (FBE) and Federation of European Stock Exchanges (FESE) press release has welcomed the adoption of the Wise Men's report on takeovers, submitted in January (see...

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