03/04/2003 (Agence Europe) - The Council formally adopted its common position on the "prospectus" directive on the basis of the political agreement adopted last November (see EUROPE 6 November p 11). The directive will allow companies to provide a single financial information document valid throughout the EU at the time of its floating of shares or sales on European stock exchanges. The European Parliament is expected to give its decision in the second reading at the end of June, based on...