Examples of German Takeover Act in a sentence
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 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.
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 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.
The Bidder will prepare an offer document in accordance with the provisions of the WpÜG and the German Takeover Act Offer Ordinance ( Angebotsverordnung) (collectively referred to as the “Takeover Law”) and in accordance with the terms of this Agreement, in reasonable cooperation and consultation with the Company and its advisors (the “Offer Document”).
The range of values permitted by the model for ∆inc is described by the worst-case bounds described in Section4.2. ∆inc is point identified or partially identified under the additional assumptions SI, LIV, or RB from Section 4.
This condition shall be waived by New Holdco following approval by Linde if and to the extent that such waiver is permitted by the German Takeover Act.
Open Text will use its reasonable best efforts to cause the shareholder resolution to be passed before the end of the day on which such shareholder resolution must be delivered to meet the term in Section 25 German Takeover Act (WpÜG) (the fifth business day preceding the Expiration Date of the Tender Offer).