Events listed in Consolidated Law on Finance (TUF)
Comunicazione n. 0045269 dell’11 maggio 2023 – Quesito confermativo in ...
ID 23250
In Communication No. 0045269/23 of 11 May 2023, Consob provided clarifications regarding the „cascade“ OPA in Italy. The communication specifically addresses the correct interpretation of Article 45 of the Issuers‘ Regulation (Regolamento Emittenti) concerning Indirect Acquisition. According to Article 45, when an acquirer obtains a stake that enables them to exceed the voting rights thresholds specified in Article 106 of the TUF for a ...