Article 13
Directive 2004/25/EC of the European Parliament and of the Council of 21 april 2004 on takeover bids (Text with EEA relevance) · European Union
Member States shall also lay down rules which govern the conduct of bids, at least as regards the following: the lapsing of bids; the revision of bids; competing bids; the disclosure of the results of bids; the irrevocability of bids and the conditions permitted.
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Source: EUR-Lex (Cellar) · retrieved 2026-10-11 · Text as adopted (Official Journal); later amendments are not incorporated in this text.