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The Mandatory Bid and Company Law in Europe

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  • Psaroudakis Georgios

    (*Dr. jur. (Hamburg), MJur (Oxon), LL.M. (Athens); Teaching Associate, Athens University of Economics and Business; Attorney-at-Law in Athens.)

Abstract

The article presents the interplay between the mandatory bid rule and (European or national) company law. This rule is explained with reference to both the protection of investors' expectations as to the shareholding structure of the company and the promotion of the market's allocative efficiency. In accordance with the recent Audiolux judgment of the ECJ, the mandatory bid cannot be regarded as a manifestation of an overarching equal treatment principle in European company law.

Suggested Citation

  • Psaroudakis Georgios, 2010. "The Mandatory Bid and Company Law in Europe," European Company and Financial Law Review, De Gruyter, vol. 7(4), pages 550-584, January.
  • Handle: RePEc:bpj:eucflr:v:7:y:2010:i:4:p:550-584:n:3
    DOI: 10.1515/ecfr.2010.550
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    Cited by:

    1. Liviu-George Maha & George-Marian Aevoae & Elena-Daniela Viorică & Roxana-Manuela Dicu, 2023. "Determinant Factors of M&As in Emerging Economies: The Impact of Financial Performance in Romanian Minority Acquisitions," Economies, MDPI, vol. 11(10), pages 1-22, September.

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