Takeover bids

For the entire collection of documents relating to this supervisory area, please consult the French or Dutch site.
You can, however, consult a selection of documents in English:

Legislation
- Laws
  
  Law of 1 April 2007 on Takeover Bids(120.78 KB)
  (Unofficial consolidated version: 07/2013)
- Royal Decrees
  
  Royal Decree of 27 April 2007 on Takeover Bids(202.01 KB)
Circulars and communications
- Circulars
  
  11/12/2012
  FSMA_2012_20
  Procedure for the submission and handling of dossiers relating to public offers(394.83 KB)
- Communications
  
  20/07/2018
  FSMA_2018_11
  Procedures for filing the information note(228.03 KB)
- Other documents
  
  ESMA: Public statement concerning shareholder cooperation and acting in concert
Ongoing Takeover Bids

Overview of the ongoing takeover bids

Standard form for disclosing transactions in securities during a bid period
Prospectuses and press releases

List of prospectuses

List of announcements of takeover bids

List of notifications of securities operations
Questions and answers (FAQ)

Questions and answers on takeover bids and the MAR (dd. 15 January 2018)

1. When does a potential bidder have to announce his/her intention to launch a bid?

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

3. When does notification have to be made of transactions in securities carrying voting rights or conferring access to voting rights in the offeree company, the offeror or the company whose securities are being offered by way of consideration?

4. Do the provisions regarding the obligation to disclose any inside information to the public apply in the context of the preparation of a takeover bid?

5. Does the legislation governing market abuse offer a legal framework for an offeror's negotiations regarding its takeover bid?

6. May an offeror still buy securities in the offeree company during the preparation of a takeover bid, in order to strengthen its position within the shareholdership (also known as stake-building)?

Consumers

Professionals

Takeover bids

Legislation

Laws

Royal Decrees

Circulars and communications

Circulars

Communications

Other documents

Ongoing Takeover Bids

Prospectuses and press releases

Questions and answers (FAQ)

Consumers

Professionals

FSMA

Takeover bids

Legislation

Laws

Royal Decrees

Circulars and communications

Circulars

Communications

Other documents

Ongoing Takeover Bids

Prospectuses and press releases

Questions and answers (FAQ)

Consumers

Professionals

FSMA

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