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Rules and regulations relating to takeover bids

Rules and regulations relating to Finanstilsynet's review and approval of bids and offer documents.

Key Act

  • Securities Trading Act, chapter 6

Regulations

  • Securities Trading Regulations

EU Directive

  • Directive on Takeover Bids (2004/25/EC)

Guidances

  • Guidance on the review of bids and offer documents
  • Guidance on compulsory acquisition of shares following a voluntary offer

ESMA documents

  • ESMA: Public statement containing information on shareholder cooperation and acting in concert under the Takeover Bids Directive (pdf)

EEA information

  • Financial supervision and EEA legislation

Norwegian Code of Practice for Corporate Governance

  • NUES 2021 chapter 14 on take-overs

Topic page

  • Takeover bids
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