Changes to the “Golden Power” rules: a tool of protection against “hostile takeovers”.
April 2020
April 2020
Due to the recession resulting from the spread on the national territory of the Covid-19 pandemic and the imposed lockdown, the value of Italian companies is undergoing a significant reduction.
In order to protect Italian companies from the risk of hostile climbs, the decree law approved by the Government on 6 April 2020 (the so-called “Liquidity Decree”) has made some changes to the legislation relating to the so-called “Golden power“, introduced by the legislative decree n. 21 of 15 March 2012 and further integrated with the legislative decree n. 105 of 21 September 2019.
Government Faculty: exercise special powers in order to safeguard strategic sectors and national interest
Golden Power: all the innovations introduced by the law decree of 6 April 2020
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