BEGIN:VCALENDAR PRODID:-//Session events Calendar//IBA//EN CALSCALE:GREGORIAN VERSION:2.0 BEGIN:VEVENT DTSTAMP:20260525T171045Z DTSTART:20261006T073000Z DTEND:20261006T084500Z SUMMARY:When takeovers turn hostile: insights from the European market an d dissecting some attempts DESCRIPTION:Hostile takeovers seem to be re-emerging as a feature of the European M&\;A landscape\, perhaps driven by depressed valuations and activist investor pressure\, among other factors. This panel will exami ne the dynamics of unsolicited bids in the European market\, drawing on recent high-profile contested transactions to explore the strategies dep loyed by both bidders and target boards.\n\nThe discussion will consider how differing national regulatory frameworks\, including the UK’s Takeo ver Code and the EU’s Takeovers Directive\, shape the conduct of hostile campaigns across borders. Panellists will dissect specific hostile and contested bid situations\, analysing the offensive tactics employed by a cquirers\, such as bear hugs and dawn raids\, alongside the defensive me asures available to target companies\, such as white knight strategies a nd litigation.\n\nThe panel will also address the role of institutional shareholders and proxy advisers in determining the outcome of hostile co ntests\, the increasing intersection between hostile M&\;A and activi st campaigns\, and how boards can navigate their fiduciary duties when f aced with an unwelcome approach. Practical insights will be offered on d eal preparation\, stakeholder communication\, and the lessons learned fr om bids that succeeded\, failed or were abandoned in the face of determi ned resistance.\n LOCATION: UID:d1ca0d29-9506-40e8-b20f-4728266180ac END:VEVENT END:VCALENDAR