Romania’s Govt. allows state bodies to block hostile takeovers in strategic companies
Oct 14, 2024
Romania’s Govt. allows state bodies to block hostile takeovers in strategic companies.
The Ministry of Energy drafted an emergency ordinance in Romania to allow the ministries acting as minority shareholders in strategic companies to exert their pre-emptive rights when the majority shareholder seeks to sell its shares, Economica.net reported. The bill was reportedly drafted to (…)
[Read the article in Romania Business Insider]