The Israeli Competition Authority, after consulting with the
Israeli Securities Exchange Commission, has published new
guidelines (June 2019) regarding collaborations between
Institutional Investors in connection with how to vote in
shareholders meetings of corporations in which they are invested.
These guidelines provide details of the conditions upon which such
collaborations are permitted without needing prior approval from
the Competition Authority. In an article by Tzahi
Yagur, Head of Pearl Cohen's Competition Group, the
foregoing conditions are analyzed together with the boundaries of
the (limited) permit to the Institutional Investors under the
guidelines.
For the full article in Hebrew,
click here.
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