Banking and securities law
Concerted action and takeover bids: obligations and strategies during the offer period
By Raphaël MORENON6 June 2025A takeover bid turns every shareholder decision into a potentially concerted action. Acting in concert, even without a written agreement, may oblige you to file your own bid at a price set by the AMF. This guide sets out the practical obligations and defensive strategies during a takeover bid.

