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New law forces companies in France to try to sell plants before closing them

Companies in France will only be able to close down sites after making a closely scrutinised attempt to sell them following the introduction of a new law which is designed to promote stability in the French economy.  17 Jun 2014

French financial regulator tells Investindustrial to "put up or shut" up in relation to Club Med takeover

The French financial regulator's employment of the "put up or shut up" rule in relation to Investindustrial Development's intentions for Club Mediterranee (Club Med) highlights the increased importance of confidentiality and meticulous preparation in the French... 02 Jun 2014

Out-Law Guides

New French law offers takeover targets more defences against hostile bids

Businesses attempting to take over companies in France should adopt a friendly rather than hostile approach following the introduction of new laws which give French companies more powers to defend themselves against takeovers, a legal expert has said. 28 May 2014

French government extends powers to veto foreign takeovers amid concern over Alstom deal

More foreign takeover attempts of companies in France risk being blocked by the French government after the administration extended existing powers which allow it to veto foreign takeover attempts to include additional "strategic" sectors, Reuters has reported. ... 16 May 2014

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