Brussels, 13/06/2003 (Agence Europe) - Member States are moving toward a "take-overs" directive which will allow companies the choice of applying the rules on "defence measures" that a company can take in the face of a hostile take over bid. This compromise was proposed by Portugal during the last Ecofin Council (EUROPE 20 May p 9). Experts from Member States worked on the technical modalities on Friday for the solution and the Permanent Representatives are expected to examine them on Monday...