In cases where the takeover bid procedure is not subject to the Takeover Bids Act and the takeover bid has been approved by the supervisory authority for takeover bids in another Member State in accordance with the applicable law, the takeover bid may be published in the Czech Republic, provided that the specified conditions are met.

A takeover bid made in accordance with the law of a foreign state which is not a Member State may be published in the Czech Republic if it does not contradict the principles set out in the Takeover Bids Act. Such a takeover bid must be submitted by the bidder to the Czech National Bank prior to its publication, which may prohibit its publication or set other conditions for its publication.

The obligations in question concern the protection of inside information against market distortions. The bidder is obliged to ensure that the persons carrying out the activities related to the takeover bid are instructed, to publish the intention to make a takeover bid and to notify the Czech National Bank of the intention, and to publish information that its authorities will make a takeover bid.

The takeover bid must be made only by publishing a bid document containing at least the statutory information. The offer document in the case of a mandatory takeover bid shall also contain the other information required by law (the reasons why it is being made and a description of the methods used to determine the form and amount of the consideration, details of the type and amount of the consideration given or agreed for each acquisition of securities of the offeree company by the offeror or a person cooperating with it and the number of securities acquired in each transaction, if negotiated in the last 12 months prior to the commencement of the offer obligation, or a statement that no such transaction was negotiated).

The proposer shall submit the draft offer document to the Czech National Bank within 15 working days from the moment the notification obligation arises (the CNB may, at the proposer's request, extend the deadline, but not by more than 30 working days). Additional obligations for the offeror may arise from a decision of the Czech National Bank, which may also prohibit the publication of the offer.