By Steen Jensen, David Moalem and Regina M. Andersen
The Danish Financial Supervisory Authority has now published guidelines to the new Danish takeover rules. Here you may get an overview of the most important changes.
The publication today, 17 September 2014, of the Financial Supervisory Authority’s new guidelines to the new takeover rules marks an end to the revision of the rules governing takeover bids in listed companies. The Financial Supervisory Authority commenced its work in the summer of 2012 with the involvement of market participants.
The purpose was to take a look at the experience in Denmark with these rules and to consider whether the existing rules should be amended and/or new rules on takeover bids should be introduced.
The subsequent work revealed a need for amendments as well as new takeover rules. This process has now resulted in the publication of the new takeover guidelines. Read more in the newsletter.