Takeover activity in Ireland has entered a new era with the signing by the President of Ireland of the Takeover Panel Act, 1997. The Act makes provision for an Irish Takeover Panel to regulate takeovers of Irish companies whose securities are listed on the Irish Stock Exchange.
The Irish Takeover Panel will monitor takeover activity in Ireland, principally to ensure fair and equal treatment of all shareholders.
David Widger, Member of the Securities Unit of A & L Goodbody, takes at look at the new legislation
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