{"version":"1.0","provider_name":"Despacho de abogados G\u00f3mez-Acebo y Pombo","provider_url":"https:\/\/ga-p.com\/en\/","author_name":"rsancho","author_url":"https:\/\/ga-p.com\/en\/author\/rsancho\/","title":"Voluntary takeover bids and squeeze-outs - Despacho de abogados G\u00f3mez-Acebo y Pombo","type":"rich","width":600,"height":338,"html":"<blockquote class=\"wp-embedded-content\" data-secret=\"sscWNeOvbj\"><a href=\"https:\/\/ga-p.com\/en\/publications\/voluntary-takeover-bids-and-squeeze-outs\/\">Voluntary takeover bids and squeeze-outs<\/a><\/blockquote><iframe sandbox=\"allow-scripts\" security=\"restricted\" src=\"https:\/\/ga-p.com\/en\/publications\/voluntary-takeover-bids-and-squeeze-outs\/embed\/#?secret=sscWNeOvbj\" width=\"600\" height=\"338\" title=\"&#8220;Voluntary takeover bids and squeeze-outs&#8221; &#8212; Despacho de abogados G\u00f3mez-Acebo y Pombo\" data-secret=\"sscWNeOvbj\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\" class=\"wp-embedded-content\"><\/iframe><script>\n\/*! This file is auto-generated *\/\n!function(d,l){\"use strict\";l.querySelector&&d.addEventListener&&\"undefined\"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!\/[^a-zA-Z0-9]\/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret=\"'+t.secret+'\"]'),o=l.querySelectorAll('blockquote[data-secret=\"'+t.secret+'\"]'),c=new RegExp(\"^https?:$\",\"i\"),i=0;i<o.length;i++)o[i].style.display=\"none\";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute(\"style\"),\"height\"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):\"link\"===t.message&&(r=new URL(s.getAttribute(\"src\")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener(\"message\",d.wp.receiveEmbedMessage,!1),l.addEventListener(\"DOMContentLoaded\",function(){for(var e,t,s=l.querySelectorAll(\"iframe.wp-embedded-content\"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute(\"data-secret\"))||(t=Math.random().toString(36).substring(2,12),e.src+=\"#?secret=\"+t,e.setAttribute(\"data-secret\",t)),e.contentWindow.postMessage({message:\"ready\",secret:t},\"*\")},!1)))}(window,document);\n\/\/# sourceURL=https:\/\/ga-p.com\/wp-includes\/js\/wp-embed.min.js\n<\/script>\n","thumbnail_url":"https:\/\/ga-p.com\/wp-content\/uploads\/2026\/03\/Analysis-1.jpg","thumbnail_width":2500,"thumbnail_height":1308,"description":"The Judgment of the Court of Justice of the European Union (Fifth Chamber) of 13 May 2026 (Korfin and Sempiola v Slovnaft, Case C-225\/25) clarifies the concept of a takeover bid for the purposes of Article 2 of the 2004 Takeover Bids Directive, such that an offer made to the holders of securities of a company with a view to acquiring all or some of those securities does not fall within the concept of a takeover bid where it is made by an offeror who already controls the offeree company. Consequently, based on that court\u2019s interpretation of the Directive\u2019s provisions, there is no right of squeeze-out in such voluntary takeover bids."}