Regulation on takeovers to be started from scratch? The European Parliament rapporteur on the draft Directive regulating takeovers, Klaus-Heiner Lehne, no longer believes in an agreement between the Parliament and Council before the deadline/cut-off date of 6 June, imposed by the procedures in place. In his opinion, the present draft is destined to disappear and it will be necessary to start from scratch. In an interview, Mr Lehne put figures to these chances: 80% for failure, 20% for a...