28Oct
5 things you need to know about… proposed Takeover Code changes
One The Takeover Panel has announced today proposals to make substantial changes to the UK Takeover Code. These are the most significant changes to the Code since the September 2011 amendments in the wake of the Kraft/Cadbury hostile offer. The proposals will remove the anomalous treatment of the UK ("CMA") and European ("EC") competition conditions. Alongside this, the Panel has proposed changes to the contractual offer timetable which are intended to simplify the offer timetable and...
By:
White & Case LLP
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