Judgment of the Court (Fifth Chamber) of 27 November 2025.#YO v SVEMA TRADE, d. o. o.#Request for a preliminary ruling from the Okrožno sodišče v Ljubljani.#Reference for a preliminary ruling – Company law – Directive 2004/25/EC – Mandatory takeover bid – Squeeze-out of holders of securities – Minority shareholder protection – Third subparagraph of Article 15(5) – Consideration offered in the bid presumed to be fair