30Nov
Overhaul Proposed to UK Takeover Code: Offer Timetable and Offer Conditions
On October 27, 2020 the U.K. Takeover Panel (the “Panel”) published a consultation (the “Consultation”) on a series of significant changes to the treatment of conditions (and pre-conditions) to offers and the timetable which offers must follow under the U.K. Takeover Code (the “Code”). The consultation calls for comments by January 15, 2021, following which the Panel expects to issue a response statement (in Spring 2021) setting out the final form of the changes it decides to make to the Code....
By:
Shearman & Sterling LLP
Related
Prior to the advent of social media and especially the #MeToo movement, employers were generally com...
Read More >
California's new law, AB 5, broadens the definition of "employee" by adopting the so-called A-B-C te...
Read More >
Companies that rely on mergers and acquisition for growth have to build robust post-acquisition inte...
Read More >
In a previous update, we outlined new UK tax rules on off-payroll working, which will apply from 6 A...
Read More >
On September 10, by a vote of 29–11, the California Senate passed legislation known as AB 5 – a la...
Read More >
In Illinois, a shareholder has the right to dissent from certain corporate actions such as a merger,...
Read More >