Regulatory AlertsDOC-2015-05 Significant Asset Disposals and Acquisitions
The French Financial Markets Authority (AMF) issued Position-Recommendation DOC-2015-05 to strengthen market information and promote best practices regarding significant asset disposals and acquisitions by listed companies. The AMF recommends that listed companies consult their general meeting prior to disposing of at least 50% of their assets, with this threshold evaluated based on multiple criteria. These provisions also extend to significant acquisition operations to ensure compliance with the issuer's social interest.
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