The Investment Association, the trade body for UK investment managers, has published updated guidelines setting out the expectation of its members where premium listed companies seek shar...
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...
In the 12 months since the UK NSIA regime became fully operational, it has demonstrated its ability to disrupt cross-border deals and, in over a dozen cases to date, prohibit or condition...
On 28 November 2022, the EU formally adopted its foreign subsidies regulation. This gives the European Commission new powers to examine whether companies benefiting from non-EU state fina...
On November 4, 2022, the Pre-Emption Group (PEG) issued a new version of its Statement of Principles implementing the recommendations of the Secondary Capital Raising Review (SCRR).
Davis Polk partners Will Pearce and Louis Goldberg are delighted to be contributing editors of the updated edition of Lexology Getting the Deal Through: Private M&A 2023, a comprehensive ...
Davis Polk partner and Europe practice head Will Pearce and counsel William Tong authored “Growth equity minority investments” in Financier Worldwide. The article discusses the increa...
On 28 July 2022, the Financial Conduct Authority (FCA) published decision notices for Carillion plc (Carillion) and three of its former executive directors relating to breaches of the Mar...
Six months in and the UK Government last week published new and updated guidance on notifiable acquisitions under the NSI regime. Significant gaps in the guidance, however, remain. Throug...
On 27 May 2022, following an earlier consultation, the UK’s Financial Conduct Authority (FCA) published new and revised procedural and technical guidance on the UK prospectus regime and...
