Judgment of the Court (Fifth Chamber) of 13 May 2026.#KORFIN, s.r.o and SEMPIOLA INVEST LIMITED v SLOVNAFT, a.s.#Reference for a preliminary ruling – Company law – Directive 2004/25/EC – Takeover bid – Article 2(1)(a) – Squeeze-out of holders of securities – Bid made by a person controlling the offeree company – Making of the bid following the acquisition of such control – Lack of voluntary nature of the takeover bid.#Case C-225/25.