Professionals

2. What information has to be included in a press release in which the potential offeror announces his/her intention to launch a bid?

In order to inform the market correctly, the press release must contain at least the following information: the offer price, the type of bid envisaged and, if it is a voluntary conditional bid, the conditions to which the bid is subject.

The press release can only contain factual information and its tone should be neutral.