A Q&A guide to the use of shareholder activism in Luxembourg.
The Q&A gives a high-level overview of the use and goals of shareholder activism, the regulation of shareholder activism, and the strategies and tools used by shareholder activists. It also considers how shareholder activism may be prevented, and the practical steps that a company can take to minimise the risk of being targeted.
Use of Shareholder Activism
1. Provide an outline of the use of shareholder activism in your jurisdiction.
Regulation of Shareholder Activism
2. What are the main regulatory or legislative provisions relevant to shareholder activism in your jurisdiction?
One of the most recognised cases in Luxembourg in this regard relates to the hostile takeover of Mittal Steel against Arcelor, launched in January 2006...
Read the answers by surfing Thomson Reuter Practical Law website.