A ‘merger’ may fall within the EU merger rules and require notification to the European Commission if at least two parties to the transaction generate fairly substantial...
BREXIT: The law and practice referred to in this Practice Note may be impacted by Brexit. For further information on the potential impact, see: The effect of Brexit on UK...
This Practice Note covers how 'business combinations' are accounted for, together with some accounting issues that can arise as a result of the way M&A transactions are...
Produced with input from Rebecca Cousin of Slaughter and May on market practice. This Practice Note summarises the rules and guidance in relation to parties who are, or...
This Practice Note summarises the important amendments made to the City Code on Takeovers and Mergers (Code) in September 2011. The changes were principally intended to...
Not for release, publication or distribution (in whole or in part, directly or indirectly) in, into or from any jurisdiction where to do so would constitute a violation...
Not for release, publication or distribution (in whole or in part, directly or indirectly) in, into or from any jurisdiction where to do so would constitute a violation...
Not for release, publication or distribution (in whole or in part, directly or indirectly) in, into or from any jurisdiction where to do so would constitute a violation...
The City Code on Takeovers and Mergers (Code) is the principal source of rules governing: • the timing, manner and specific content of announcements prior to and during a...
Brexit impact The operation of the UK takeover regime may be affected by Brexit, although none of the government’s or Takeover Panel’s proposals directly impact the...
Memorandum prepared by [name of Firm] For the directors [and other officers] of [insert company name] plc (the Company) In connection with a [possible] takeover bid for...
Memorandum prepared by [Name of Firm] For the directors [and other officers] of [insert company name] (the Company) In connection with a [possible] takeover bid by the...
[insert company name] [PLC OR Limited] Minutes of a meeting of[ a committee of] the board of directors of [insert full name of offeree] (the Company) held at [insert...
[insert company name][LIMITED OR PLC] Minutes of a meeting of [a committee of] the board of directors of [insert full name of company] (the Company) held at [insert place...
[insert name of offeree] PLC Minutes of a meeting of [a committee of] the board of directors of [insert full name of offeree] (the Company) held at [insert place of...
[insert company name][LIMITED OR PLC] Minutes of a meeting of the board of directors of [insert full name of company] (the Company) held at [insert place of meeting] on...
[insert name of offeror] [PLC OR LIMITED] Minutes of a meeting of [a committee of] the board of directors of [insert full name of offeror] (the Company) held at [insert...
This Practice Note considers the general prohibition on break fees and other deal protection measures (or ‘offer-related arrangements’) introduced in September 2011 by...
At 11pm UK time on 31 January 2020 (exit day), the United Kingdom left the European Union in accordance with a ratified Withdrawal Agreement between the UK and the EU....
Brexit impact: The operation of the UK takeover regime may be affected by Brexit. For the purposes of this Precedent, the principal change is that following the end of...
This Practice Note looks at conditions, pre-conditions and terms typically included in public company takeover offers. It focuses on the most common of these conditions,...
Produced in partnership with Julian Henwood of Gowling WLG DRAFTING FOR BREXIT: For the latest information on the impact of Brexit on the drafting, negotiation and...
DRAFTING FOR BREXIT: For the latest information on the impact of Brexit on the drafting, negotiation and enforceability of this Precedent, see Practice Note:...
Brexit impact The ability of UK companies to participate in mergers under the EU cross-border merger regime may be affected by Brexit. In particular, the Companies...
Brexit impact The operation of the UK takeovers regime may be affected by Brexit. For the purposes of this note, the principal change relates to the companies to which...
DRAFTING FOR BREXIT: For the latest information on the impact of Brexit on the drafting, negotiation and enforceability of this Precedent, see Practice Note:...