CELEX: 62016CO0654
Language: en
Date: 2018-01-11 00:00:00
Title: Order of the Court (Eighth Chamber) of 11 January 2018.#Amber Capital Italia Sgr SpA and Others v Commissione Nazionale per le Società e la Borsa (Consob).#Requests for a preliminary ruling from Tribunale Amministrativo Regionale per il Lazio.#Reference for a preliminary ruling — Company law — Directive 2004/25/EC — Takeover bids — Second subparagraph of Article 5(4) — Possibility of altering the price of the bid in specific circumstances and in line with clearly determined criteria — National legislation providing for the fixing of the price of the bid at the price ascertained in the event of collusion between the offeror or persons acting in concert with it and one or more sellers — Concept of ‘clearly determined criterion’.#Joined Cases C-654/16 and C-657/16.