The European Parliament in Strasbourg yesterday voted in favour of new takeover laws, which were endorsed by Member States but bitterly opposed by the European Commission, ending a 14-year wrangle on the issue.
The proposal - which passed by 321 votes to 219 with nine abstentions - was a heavily watered down version of earlier Commission ideas.
The final version of the legislation will allow companies to adopt defensive measures against being taken over without the permission of...
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