Chapter II: Responsibilities.

The Group Works Council receives information on the activity, financial situation, annual or multi-annual employment trends and forecasts, and any preventive measures envisaged in the light of these forecasts, in the Group and in each of the undertakings making up the Group. Where they exist, it receives the consolidated accounts and balance sheet, as well as the corresponding auditor’s report. In these areas, it is informed of the Group’s economic…

In the event of a takeover bid being announced for the dominant undertaking in a group, the employer of that undertaking shall immediately inform the group works council. The provisions set out in articles L. 2323-35 to L. 2323-39 for the social and economic committee are then applied at group committee level. Compliance with these provisions waives the obligations set out in articles L. 2323-26 to L. 2323-44 for the…