Sign-in Help
Commentary

173 Preliminary issues

COMPANIES vol 11 acquisitions, mergers, demergers
| Commentary

173 Preliminary issues

| Commentary

(b) Preliminary considerations for the offeror

173 Preliminary issues

Where a company is thinking of putting in an offer for a public company, there are several preliminary issues which should be considered. First, the offeror company should check its articles of association to ensure that it has the relevant powers to make the offer1. If the offer is outside the scope of the company’s constitution, the articles of association may be amended by special resolution of the members2. Second, where the target company is a bank, or an insurance company, the offeror may need the sanction

To continue reading
View the latest version of this document, as well as thousands of others like it, sign in to LexisLibrary or register for a free trial
EXISTING USER? SIGN IN TAKE A FREE TRIAL TAKE A FREE TRIAL
Stop drafting from scratch and work more productively.
Offering an unrivalled collection of non-litigation precedents for everything specialist and generalist practitioners are likely to encounter.
TAKE A FREE TRIAL Take a free trial Take a free trial