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Regierungsentwurf zur Umsetzung der EU-Umwandlungsrichtlinie

Die EU-Umwandlungsrichtlinie führt europaweit einheitliche Regelungen ein, die erstmals den grenzüberschreitenden Formwechsel und die grenzüberschreitende Spaltung zulassen und die Regelungen zur grenzüberschreitenden...more

Significant restrictions for share exchange offers under German takeover law

Under German takeover law the bidder in a voluntary public takeover is given two options with regard to what the bidder offers the shareholders of the target company as compensation for their shares. ...more

Overview of EU, German federal and German states’ financing measures for companies responding to COVID-19 (UPDATED)

In response to the economic effects of the COVID-19 pandemic and market uncertainty, plethora of financing measures was introduced at EU level, German federal level and German state’s level. In their joint effect, these...more

Public Takeovers in Germany

Welcome to the fourth edition of our “Public Takeovers in Germany” newsletter. It provides an overview of public takeovers carried out in Germany in 2020 under the German Securities Acquisition and Takeover Act (WpÜG) and of...more

An overview of EU and German federal financing measures for companies responding to COVID-19

In response to the economic effects of the COVID-19 pandemic and market uncertainty, plethora of financing measures was introduced at EU level and German federal level. In their joint effect, these measures are aimed at...more

COVID-19: Measures taken by financial supervisory authorities in certain jurisdictions - as at 17 April 2020

The current situation is fast-moving in light of the COVID-19 pandemic. Many financial supervisory and regulatory authorities as well as local governments have issued measures which are relevant for financial institutions...more

Overview of EU, German federal and German states’ financing measures for companies responding to COVID-19

In response to the economic effects of the COVID-19 pandemic and market uncertainty, plethora of financing measures was introduced at EU level, German federal level and German states levels. In their joint effect, these...more

Key points of the draft bill of the German Economic Stabilisation Fund Act (WStFG)

Over the past few days, the Federal Ministry of Finance has prepared the draft bill of a law to establish an economic stabilisation fund (the "Stabilisation Fund")....more

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