{
  "url": "https://openlegislation.uk/eu-decision-2012-118/annex/division-11/division-ii",
  "json_url": "https://openlegislation.uk/eu-decision-2012-118/annex/division-11/division-ii.json",
  "legislation": "eudn/2012/118",
  "legislation_title": "Commission Decision of 18 July 2011 on State aid C 15/09 (ex N 196/09), which Germany implemented and is planning to implement for Hypo Real Estate (notified under document C(2011) 5157) (Only the German text is authentic) (Text with EEA relevance) (2012/118/EU)",
  "legislation_url": "https://openlegislation.uk/eu-decision-2012-118",
  "path": "annex/division/11/division/ii",
  "kind": "division",
  "number": "(ii)",
  "heading": null,
  "text": "As far is legally permissible and possible without breach of business confidentiality, reprivatisation will take place in an open, transparent and non-discriminatory procedure. This does not preclude the holding of negotiations with interested parties who are addressed in a targeted manner before or during such a procedure. As far as is reasonable, the sale procedure will be announced through publication in at least one international newspaper or periodical. The terms and conditions of sale may not include any clause which unreasonably limits the number of potentially interested parties or is tailored specifically to certain interested parties. The terms and conditions of sale may refer to the redemption obligation set out in paragraph 5.2(ii)(b). As far as is reasonable and legally permissible, potential purchasers will, after signature of standard non-disclosure agreements, also be granted direct access to all information necessary to conduct due diligence investigations.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/eudn/2012/118/annex/division/11/division/ii",
    "retrieved_at": "2026-11-01T15:15:31.821595+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}