This book examines delisting - and the difficult questions it raises around investor protection - from the perspectives of the company, shareholders, trading venues, and supervisory authorities.
Delisting is analysed with a view to finding common ground in the EU, and exploring whether delisting should be part of the EU project of a Capital Markets Union. In order to answer the question of harmonisation at the European level, the book also considers approaches in jurisdictions outside Europe. In particular, the book looks at the legal situation in Australia, Hong Kong, India, South America, and the USA.
Offering a comprehensive and authoritative discussion of the major questions for listed companies who want to go private, the book will be of great interest to academics, lawmakers, supervisors, lawyers and judges.