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Tag: golden shares

EU clears Porsche's Volkswagen takeover - 24 July 2008 - News

The announcement by the Commission on Wednesday evening (23 July) came as a blow to German trade unions and to the Land of Lower Saxony but it could give the luxury carmaker a helping hand in meeting the stringent new emissions targets planned by the EU.

Commission gives up on 'one share, one vote' reform - 04 October 2007 - News

Internal Market Commissioner Charlie McCreevy has announced that he will be abandoning controversial plans aimed at making companies more accountable and efficient by awarding all shareholders equal voting rights.

Germany set to lose Volkswagen 'golden shares' - 14 February 2007 - News

Germany's 'VW law', which protects Volkswagen from foreign takeovers and ensures a majority stake for public authorities and trade unions in Europe's biggest carmaker, has been labelled illegal by an advocate-general at the European Court of Justice (ECJ).

Continuing consultation on clearing and settlement - 19 January 2005 - News

The European Commission and financial market players are working together to improve the EU's clearing and settlement system. The existing complex and costly procedures leave the EU lagging behind other world markets in the highly competitive market of buying and selling equities.

Germany likely to receive 'warning letter' from Commission on VW by 5 March - 03 March 2003 - News

The Commission has decided to take action against Germany to clarify if the country's Volkswagen-law impedes plans for Union-wide takeover code

Court of Justice might approve "golden shares" - 04 July 2001 - News

Advocate General of Luxembourg-based Court of Justice accepts use of "golden shares" by Portugal, France and Belgium

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