This, mixed with the rise of passive funds, has made getting a excessive stage of shareholder acceptances for German offers a lot tougher over the past decade. Some bidders have responded by settling for a mid-60% acceptance threshold, which might doubtlessly nonetheless give them sufficient of a holding to cross a shareholder decision given turnout is at all times incomplete.
https://www.washingtonpost.com/enterprise/hedge-funds-need-a-new-manda-playbook-in-germany/2021/10/18/73435106-2fd9-11ec-8036-7db255bff176_story.html?utm_source=rss&utm_medium=referral&utm_campaign=wp_business | Hedge Funds Want a New M&A Playbook in Germany