Skip to main content
Blog Post | Timely Disclosure

Challenge of TOB in France: an easier path for initiators

Reading Time 1 minute read


A recent decision rendered by the French Court of Appeal gives way to a smoother process for initiators of takeover bids. An order dated April 10, 2014 has indeed dismissed the request of minority shareholders of Société de la Tour Eiffel (« STE »), a French company for which the insurance group SMABTP has launched a takeover... Continue Reading