Rule 21 of the Takeover Code regulates the actions a target can and cannot take in order to ensure offers or possible offers for it are not frustrated. In keeping with its practice of rev...
On 10 July 2023, the UK’s Digitisation Taskforce published its interim recommendations on the eradication of paper-based processes in the UK securities settlement infrastructure.
Davis Polk partner and Europe practice head Will Pearce and counsel Joe Scrace and Dominic Foulkes authored “Structuring cross-border public M&A transactions: Key considerations” in F...
This update outlines important changes that take effect today to the scope of those parties who are presumed to be acting in concert with an offeror or offeree. It also recaps certain cha...
Our UK Corporate Finance Update looks at key developments from the past six months or so in corporate finance law, regulation and practice that are relevant to London-listed companies and...
The UK Takeover Panel has recently confirmed a number of amendments to the UK Takeover Code in two Response Statements to its public consultations in the second half of 2017.
On 11 Decem...
On 12 September 2016, the UK Takeover Panel published the twelfth edition of the Takeover Code, replacing in its entirety the previous edition published in September 2011 in the wake of K...
On 12 September 2016, the UK Takeover Panel published the twelfth edition of the Takeover Code, replacing in its entirety the previous edition published in September 2011 in the wake of K...
