<p>When anyone acquires control over a listed company the mandatory bid rule is triggered. This means that the person who acquires the control has to make an offer to buy the remaining shares in the company. The purpose of the rule is to protect the minority shareholders from the buyers. This rule has been considered to be burdensome and thus it is followed by an exemption rule which under some special circumstances may make the mandatory bid rule void. The purpose of this thesis is to analyze if the exemptions given by the Swedish securities council (in Swedish Aktiemarknadsnämnden) are in accordance with the purpose of the mandatory bid rule and if a review of these rules are needed.</p><p>To answer the purpose, the Swedish securities councils statements has been analyzed, to determinate if the exemptions are in accordance with the purpose of the mandatory bid rule. The result of the analysis is that the rules need to be changed because exemptions from the mandatory bid rule are given to arbitrary in Sweden.</p>
Identifer | oai:union.ndltd.org:UPSALLA/oai:DiVA.org:hj-12263 |
Date | January 2010 |
Creators | Johnsson, Christian |
Publisher | Jönköping University, JIBS, Commercial Law |
Source Sets | DiVA Archive at Upsalla University |
Language | Swedish |
Detected Language | English |
Type | Student thesis, text |
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