Prof. Maciej Mataczyński, partner at SMM Legal, advised the Minister of State Treasury in the legislative process concerning the Act on the Control of Certain Investments aimed at the protection of strategic Polish companies (from the gas, energy, chemical, petrochemical and military sectors) against hostile takeovers.
The Act is awaiting President’s signature and will come into force 30 days after its official publications. Similar legal solutions protecting key companies have been adopted in other states as well, including Austria, Germany and Anglo-Saxon countries.
The Act on the Control of Certain Investments in its version of 24 July 2015, inclusive of approved Senate’s amendments, is available at:
http://orka.sejm.gov.pl/opinie7.nsf/nazwa/3454_u/$file/3454_u.pdf
