29Oct
Takeover Panel consultation – conditions to offers and the offer timetable
This consultation paper proposes a number of amendments to (i) simplify the offer timetable under the Code (ii) provide certainty that once a firm offer has been announced it will not lapse or be withdrawn without good reason and (iii) apply consistent treatment to any official authorisation or regulatory clearance. The consultation closes on 15 January 2021 and a Response Statement with final amendments is expected in Spring 2021....
By:
Bryan Cave Leighton Paisner
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