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</span> </div> </form></div></div><nav id="bs-navbar-collapse-1" class="collapse navbar-collapse"><ul class="nav navbar-nav"><li class="dropdown"><a href="/en/takeover-commission/"><span class="dropdown-title" data-title="The Takeover Commission">Takeover Commission</span></a></li><li class="dropdown"><a href="/en/takeover-bids/"><span class="dropdown-title" data-title="Takeover Bids">Takeover Bids</span></a></li><li class="dropdown"><a href="/en/decisions/"><span class="dropdown-title" data-title="Decisions">Decisions</span></a></li><li class="dropdown"><a href="/en/announcements/"><span class="dropdown-title" data-title="Announcements">Announcements</span></a></li></ul><ul class="nav navbar-nav navbar-right hidden-sm hidden-xs" id="search-desktop"><form method="post" role="search" class="navbar-form"> <div class="right-inner-addon indexedsearch"> <div class="fi-search"></div> <span class="outside" style="position: relative; display: inline-block; float: right;"> <input type="text" class="form-control search-input disabled" id="search2" value="" data-language="en" data-market="uebkom" data-link="/en/search/" data-message="Show all hits" data-search-typo3="0" data-search-news="0" data-search-products="0" aria-label="Search" > </span> </div> </form></ul></nav></div></div></nav><div class="container"><div class="right-banner hidden-sm hidden-xs"></div></div><div id="content"></div><section id="full-width-container" class="full-width-content"></section><div class="container page-container"><div class="row"><div class="col-md-12"></div></div><div class="row"><div class="col-md-12"><section class="main-content "><div id="c44631" class=" frame frame-default frame-type-gridelements_pi1 frame-layout-default frame-size-default frame-height-default frame-background-none frame-space-before-none frame-space-after-none frame-no-backgroundimage"><div class="frame-inner"><div class="row grid-row grid-row-1"><div id="c44631-0" class="col-xs-12 col-sm-12 col-md-12 grid-column grid-column-0"><div class="col-inside-5"><div id="c44620" class=" frame frame-default frame-type-text frame-layout-default frame-size-default frame-height-default frame-background-none frame-space-before-none frame-space-after-none frame-no-backgroundimage"><div class="frame-inner"><a id="c44931"></a><h2>Welcome to the Austrian Takeover Commission</h2><p>The Takeover Commission is an independent authority established within the organisational framework of Wiener Börse AG, the exchange operating company of the Vienna Stock Exchange. The Takeover Commission consists of twelve part-time members and an administrative office. Its primary responsibility is to monitor the entire bidding process and to assess whether or not a mandatory bid is required. </p><p><strong>Notice</strong><br><em>The purpose of these web pages is to provide a quick overview and first orientation on the Takeover Act and related topics to anyone with a general interest in the topics. The information does not constitute legal advice or investment advice. No claims are made as to the contents of these web pages being up-to-date, complete or accurate. For this reason, the Takeover Commission does not accept any liability arising from the contents of these pages, including, without limitation, for any direct or indirect loss or damage resulting from decisions relying on these web pages being accurate or complete. The links contained in this website are provided as a service to users; any contents they link to are outside the control and responsibility of the Takeover Commission. We reserve the right to make access to any existing or newly created parts of this website subject to a fee at a later date.</em></p></div></div></div></div></div></div></div><div id="c91440" class=" frame frame-default frame-type-gridelements_pi1 frame-layout-default frame-size-default frame-height-default frame-background-none frame-space-before-none frame-space-after-none frame-no-backgroundimage"><div class="frame-inner"><div class="row grid-row grid-row-1"><div id="c91440-0" class="col-xs-12 col-sm-12 col-md-12 grid-column grid-column-0"><div class="col-inside-5"><div id="c91439" class=" frame frame-default frame-type-text frame-layout-default frame-size-default frame-height-default frame-background-none frame-space-before-none frame-space-after-none frame-no-backgroundimage"><div class="frame-inner"><a id="c91441"></a><p>NEWS:</p><h4 class="text-center"> </h4></div></div></div></div></div></div></div><div id="c44622" class=" frame frame-default frame-type-gridelements_pi1 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