German Takeover Act definition
Examples of German Takeover Act in a sentence
The plaintiff avers that, at the latest in 2009, the voting rights of Deutsche Post AG in Postbank had to be attributed to Deutsche Bank AG pursuant to Section 30 of the German Takeover Act.
Similarly, the 2002 German Takeover Act provided a set of mandatory31 rules that govern the time schedule of a going-private bid, guarantee the equal treatment of all shareholders of the same class, limit prolonged resistance by the target managing board, and introduce a squeeze-out rule at 95% of the equity (Goergen et al.
The Offer is being conducted by the Bidder in the form of a voluntary public takeover offer (freiwilliges öffentliches Übernahmeangebot) (cash offer) for the acquisition of the Schering Shares (including all Schering Shares represented by Schering ADSs) in accordance with German Law, in particular the provisions of the German Takeover Act (WpÜG), as well as in accordance with applicable U.S. securities laws.
The Bidder, Thermo Fisher and their Affiliates will comply with applicable requirements under the German Takeover Act.
If at the end of the Acceptance Period all of the Offer Conditions, other than the Antitrust Clearance Condition, have been satisfied or previously effectively waived, there will be an Additional Acceptance Period of two (2) weeks starting with the publication of the Offer results of the Acceptance Period, during which Bidder will offer to acquire all remaining QIAGEN Shares in accordance with the German Takeover Act.
The Acceptance Period ends on the date that is ten (10) weeks following the commencement date of the Offer, subject to potential extension pursuant to the German Takeover Act.
This condition shall be waived by New Holdco following approval by Praxair if and to the extent that such waiver is permitted by the German Takeover Act.
The BaFin determined EUR 89.36 per Schering Share as the weighted average domestic stock exchange price per Schering Share for the preceding three months as of September 13, 2006 in accordance with the German Takeover Act Regulation (so-called minimum price).
The Company shall provide the Acquiror with a draft of the statement according to Section 27 German Takeover Act (WpÜG) to be made by the Company’s supervisory board and management board relating to the Offer prior to the submission thereof to BAFIN and shall provide the Acquiror with a reasonable opportunity to review and provide comments thereon, provided no legal provisions prohibit such notification prior to the publication of the statement.
The Bidder will update this Offer Document (also with regard to any changed intentions) only to the extent required by either the German Takeover Act or U.S. Offer Rules and permitted under both the German Takeover Act and U.S. Offer Rules.