Nowadays, European firms have to make mergers but are submitted to different rules because European securities regulations still are national, especially towards tender offers. This study presents, state by state, the main part of the evolutions of regulation, dealing with procedures, authorities, acquisition of shares, mandatory offers and, defensive versus hostile tender offers.
DE BEAUFORT, V. and MARTIN, J.Y. (2000). Intégrer les évolutions des réglementations nationales pour réussir vos Offres Publiques (OPA-OPE) transfrontières.