BULGARIA CONTENTS
6.7 Minimum Acceptance Conditions p.52 6.8 Squeeze-Out Mechanisms p.52 6.9 Requirement to Have Certain Funds/Financing to Launch a Takeover Offer p.52 6.10 Types of Deal Protection Measures p.53 6.11 Additional Governance Rights p.53 6.12 Irrevocable Commitments p.53 6.13 Securities Regulator’s or Stock Exchange Process p.53 6.14 Timing of the Takeover Offer p.53 7. Overview of Regulatory Requirements p.54 7.1 Regulations Applicable to a Technology Company p.54
7.2 Primary Securities Market Regulators p.54 7.3 Restrictions on Foreign Investments p.54 7.4 National Security Review/Export Control p.55 7.5 Antitrust Regulations p.56 7.6 Labour Law Regulations p.57 7.7 Currency Control/Central Bank Approval p.57 8. Recent Legal Developments p.58 8.1 Significant Court Decisions or Legal Developments p.58 9. Due Diligence/Data Privacy p.58 9.1 Technology Company Due Diligence p.58
9.2 Data Privacy p.58 10. Disclosure p.59 10.1 Making a Bid Public p.59 10.2 Prospectus Requirements p.59 10.3 Producing Financial Statements p.59 10.4 Disclosure of Transaction Documents p.60 11. Duties of Directors p.60 11.1 Principal Directors’ Duties p.60 11.2 Special or Ad Hoc Committees p.61 11.3 Board’s Role p.61 11.4 Independent Outside Advice p.61
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