(22)Member States should lay down rules to cover the possibility of a bid’s lapsing, the offeror’s right to revise his/her bid, the possibility of competing bids for a company’s securities, the disclosure of the result of a bid, the irrevocability of a bid and the conditions permitted.
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New version applies from 02/07/2014 — introduced by Bank Recovery and Resolution Directive (BRRD).
31 provisions change.
Later versions: 12/08/2022, 09/01/2024.
Recital 22 changes in this version: compare with the current text.