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
The Ministry of Manpower has issued Ministerial Decision 47/2020 (the MD). The MD adds "sales repres...
Read More >
States across the country enacted new legislation that impacts employers in the coming year. Below a...
Read More >
On Friday, November 29, 2019, the Philadelphia Mayor’s Office of Labor postponed the effective date...
Read More >
In the accounting profession, the concept of materiality in financial reporting comes from two disti...
Read More >
As private companies seek to stay private longer, many try to offer interim liquidity opportunities ...
Read More >
Drug testing has been a staple of the hiring process for decades, helping employers across industrie...
Read More >