The Takeover Panel is narrowing the scope of companies subject to the Takeover Code. The amendments will refocus the application of the Code on companies registered in the UK, the Channel...
Davis Polk partner and Europe practice head Will Pearce and counsel Joe Scrace authored “M&A involving UK-listed companies: Impact of forthcoming listing rule reform” in Financier Wor...
The update recaps certain changes to the Takeover Code and relevant Takeover Panel and industry guidance issued since publication of the 14th edition of the Takeover Code six months ago.
On April 24, 2024, the Takeover Panel published consultation PCP 2024/1, in which it proposes to narrow the scope of companies to which the Takeover Code applies. The proposed amendments ...
Davis Polk partner and Europe practice head Will Pearce, partner Dan Hirschovits and counsel Joe Scrace authored “UK Takeover Code Changes: Key Points For Bidders, Targets” in Law360....
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...
