Portugal – CMVM Takeover Bids Regime

Portugal – CMVM Takeover Bids Regime

On 31 December 2018, CMVM analyzes takeover bids regime for OECD study.

  • OECD published a report Flexibility and proportionality in corporate governance  which includes a contribution by CMVM on the Portuguese takeover bids regime.
  • Focuses on operations carried out after the transposition of Directive 2004/25/EC.
  • Seeks to show adaptability of current regime to different realities of companies.