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Europe Daily Bulletin No. 8307

28 September 2002
Contents Publication in full By article 11 / 37
GENERAL NEWS / (eu) eu/internal market
New draft directive on takeover bids, expected for 2 October, "does not go far enough", according to EP rapporteur

Brussels, 27/09/2002 (Agence Europe) - The commission should, in principle, adopt a new draft directive on 2 October on takeover bids, which will replace the text the European Parliament rejected in July 2001. In an interview with Reuters, the EP's rapporteur, Klaus-Heiner Lehne, who had pleaded in favour of the text's rejection, considers that the new draft does not really answer the objections of the MEPs. "According to my information, the new proposal will not cover the question of...

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