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Image header Agence Europe
Europe Daily Bulletin No. 8586
Contents Publication in full By article 26 / 42
GENERAL NEWS / (eu) eu/corporate law

Draft Mergers Directive is adopted on Wednesday, taking up provisions on worker consultation

Brussels, 17/11/2003 (Agence Europe) - On Wednesday, the European Commission is expected to adopt, without discussion, a draft directive on cross-border mergers which proposes that rules for worker consultation as set out in the statute of the European Company should be applied to such mergers. According to the proposal, the rules that will apply during cross-border mergers will be those of the Member State where the new undertaking has its registered office. This principle is mainly valid...

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