The subject of the article is a comparison between Directive 2004/25/EC on takeover bids and polish regulation in takeovers. An obligation to make a bid where a natural or legal person, as a result of acquisition, holds securities of a company, which directly or indirectly give him/her a specified percentage of voting rights in that company (giving control
of that company) has been described. Further, the neutrality rule and the breakthrough rule have been characterized. In the end, the polish regulation in takeovers has been assessed.
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