The new Prospectus Regulation entered into force on July 1, 2012. This Regulation has direct effect in the member states as a result of which the Dutch prospectus regime changed considerably as per such date. In a prior newsletter, we already provided information in respect of the amendments to the Prospectus Directive.
On 3 July 2012, the Luxembourg Parliament approved a new act on squeeze-outs and sell-outs of securities issued by companies currently or formerly listed on a regulated market in the European Union (Bill 5978) (the "Act").
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