The Belgian government is trying to push...

The Belgian government is trying to push legislation through Parliament to control corporate raiders in the wake of the takeover battle for Societe Generale de Belgique SA, officials said. The law would make it mandatory for an investor to disclose holdings in a publicly listed Belgian company once the stake reaches 10% of the total voting stock. Further disclosures would be required for each increment of 5%. If approved, the law would be effective from March 1, 1988, through Dec. 31, 1989, and would apply to Belgian companies with a minimum equity of 200 million francs, the equivalent of $5.71 million.