TITLE

Untitled

PUB. DATE
November 2007
SOURCE
Utility Week;11/23/2007, Vol. 28 Issue 7, p26
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the opposition of the European Commission to new laws enacted by Hungary to defend Hungarian utility MOL against a takeover bid. The new law says that, for companies of strategic importance in the energy and water sectors, any takeover bid must include approval for an operational plan. The Commission has also opposed plans for the Hungarian Energy Office to appoint a member to major energy companies' boards of directors.
ACCESSION #
27955460

 

Related Articles

  • News in brief.  // MEED: Middle East Economic Digest;6/20/2003, Vol. 47 Issue 25, p21 

    Presents news briefs related to power and water industries in Kuwait as of June 2003. Evaluation of the Ministry of Electricity & Water's plans to tender the proposed Al-Zour North power project; Contract for South Korea's Hyundai Engineering & Construction Company to supply and install...

  • The Acquired Rights Directive and Compulsory Competitive Tendering in the UK: An Economic Perspective. Adnett, Nick // European Journal of Law & Economics;Jul1998, Vol. 6 Issue 1, p69 

    This paper considers neglected economic aspects of the conflict between the desire of EU Member States to extend competitive tendering in their public sectors and EC law which guarantees terms and conditions of employment for workers who are transferred to a new employer. Whilst the Acquired...

  • Endesa fails to get EU ruling. .  // Utility Week;7/21/2006, Vol. 25 Issue 21, p11 

    The article reports on the failure of Spanish power group Endesa to get European Commission ruling on Gas Natural's €22 billion takeover bid. Endesa appealed to the Court of First Instance claiming that the Commission was wrong in using Spanish standards and should have used the new...

  • Takeover Directive meets UK opposition. Dishington, Jo // Accountancy;Mar1991, Vol. 107 Issue 1171, p58 

    This article reports on the opposition of Great Britain over a revised draft of the Thirteenth Company Law Directive published by the European Commission in September 1990. Britain fears that, despite the changes from the present draft, its adoption in its present state would jeopardize the...

  • NEWS IN BRIEF.  // MEED: Middle East Economic Digest;7/20/2007, Vol. 51 Issue 29, p16 

    This section offers news briefs concerning energy and water industries in the Middle East. Iranian Azarab Energy has been awarded an engineering, procurement and construction contract to supply six gas turbines at the Rey power plant in Tehran. Abu Dhabi Water & Electricity has given developers...

  • EC tendering rules are drowning lead agencies in paper. Marshall, Caroline // Campaign;05/01/98, Issue 18, p14 

    Opinion. Focuses on the increase of frustration from agencies against the European Commission's bidding regulations. Information on the regulation; Identification of the three areas in which agencies are concern about.

  • Recission Offers Under Federal and State Securities Law. Rowe, Michelle // Journal of Corporation Law;Spring87, Vol. 12 Issue 3, p383 

    Discusses the procedures that must be followed in making a valid rescission offer in the U.S. Elimination of liability under federal and state securities law; Consequences of a potential securities law violation.

  • FUNDING AN TIMING OF THE RESCISSION OFFER: Amount of the Rescission Offer. Rowe, Michelle // Journal of Corporation Law;Spring87, Vol. 12 Issue 3, p403 

    Details the procedure in determining the amount of cash necessary to effect a valid rescission offer in the U.S. Difference between the consideration paid for the security and the amount received upon disposition.

  • Consideration Offered. Rowe, Michelle // Journal of Corporation Law;Spring87, Vol. 12 Issue 3, p404 

    Explores the methods of funding a rescission offer in the U.S. Reassigning of the value of the property at the time it was received for the securities; Repurchasing of the security for cash.

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics