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2002/0240(COD)COM(2002)534

Takeover Bids Directive

Proposal for a DIRECTIVE OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL on takeover bids

Stage
In force, reached 30 Apr 2004
In force
In force since 20 May 2004 · CELEX 32004L0025
Transposition deadline
20 May 2006
Procedure
Directive · Ordinary legislative procedure
Last activity
20 May 2004
7 documents

Documents

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Summary

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Directive 2004/25/EC coordinates national rules on takeover bids for companies admitted to trading on EU regulated markets. It sets mandatory bid and equitable price rules, board neutrality and breakthrough provisions, and squeeze-out/sell-out rights at 90%. Member States transposed it by 20 May 2006; the consolidated text in force dates from 9 January 2024.

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Sources: EP Legislative Observatory · EU Law Tracker · EUR-Lex. Record as of 12 Oct 2026. Something wrong on this page? Report an error.

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