Case studies

"Everything at Advocates is done on a timed basis, so we need to conduct our research efficiently. We don't want to charge clients unnecessarily or write off our time. With Lexis products, we can get more research done each day"

Advocates

Access all 22 documents on Tender Offer

GET ACCESS NOW

GLOSSARY

Tender Offer definition

/ˈtɛndə/ /ˈɒfə/

Published by a LexisNexis Corporate expert

What does Tender Offer mean?

An offer made by, or on behalf of, a company to its current shareholders in relation to its own shares. In making a tender offer, a company gives its shareholders the opportunity to sell (or 'tender') some or all of the shares they hold in the company to it.

Speed up all aspects of your legal work with tools that help you to work faster and smarter. Win cases, close deals and grow your business–all whilst saving time and reducing risk.

Terms and conditions—first time issuer's negotiation checklist

Terms and conditions—first time issuer's negotiation checklist What this checklist covers This checklist outlines the key points that a lawyer advising a first time issuer should check and, if necessary, seek to amend when reviewing English law terms and conditions for an issue of debt securities. This checklist contains material relevant to: • secured and unsecured debt securities • debt securities constituted by a trust deed, and • debt securities issued without trust deeds, such as: ◦ debt securities issued under a fiscal agency structure—for information on fiscal agents, see Practice Note: Role of a fiscal agent, and ◦ debt securities constituted by an instrument executed by the issuer (and guarantor, if applicable) without a trustee, of the kind used in issues of mini-bonds (a bond instrument) This checklist should be read together with Practice Note: Terms and conditions—first time issuer's guide, which: • explains the practical aspects of the key individual provisions (conditions) usually found in the terms and conditions of debt securities • compares them with the...

Listed company share buybacks (on-market)—checklist

Listed company share buybacks (on-market)—checklist STOP PRESS: A significant restructuring of the UK listing regime came into effect on 29 July 2024, which included the removal of the premium and standard listing segments and the creation of a single listing category for equity shares in commercial companies. The commercial companies category is heavily disclosure-based and sits alongside other listing categories such as the shell companies, secondary listing and closed ended investment fund categories. A new UK Listing Rules sourcebook came into force to implement the changes and the previous Listing Rules sourcebook was revoked. For further information see Practice Note: Reform of the UK listing regime—fundamentals. This Checklist reflects the listing regime as it was prior to 29 July 2024. A limited company may buy back its own shares, if certain conditions set out in the Companies Act 2006 (CA 2006) are met. This is known as a share buyback or a purchase of own shares. In addition to the provisions of the CA 2006, there are other rules and...

Discover our 2 Checklists on Tender Offer

AIM Rules for Companies—Rules 20 to 26—Publication of documents, dealing policy, provision and disclosure of information, corporate action timetables and company information disclosure

AIM Rules for Companies—rules 20 to 26—Publication of documents, dealing policy, provision and disclosure of information, corporate action timetables and company information disclosure This Resource Note outlines the main provisions of Rules 20, 21, 22, 23, 24, 25 and 26 of the AIM Rules for Companies (AIM Rules), which deal with the publication of documents sent to shareholders, dealing policy, provision and disclosure of information, corporate action timetables and company information disclosure. It highlights relevant materials, commentary and guidance from the London Stock Exchange (LSE), as well as Lexis+® UK analysis and resources, to give practical guidance on the interpretation and application of Rules 20 to 26 of the AIM Rules. Material covered in this Resource Note include: • the AIM Rules • the AIM Rules for Nominated Advisers (Nomad Rules) • Inside AIM, the periodic publication from the AIM Regulation team • AIM Notices, which are issued periodically, and contain information on AIM regulatory and administrative matters • Lexis+® UK and Lexis®Library resources Setting the scene •...

Takeover Code—Appendix 5—Tender offers

Takeover Code—Appendix 5—Tender offers This Resource Note outlines the main provisions of Appendix 5 to The City Code on Takeovers and Mergers (Code), which deals with tender offers. It highlights relevant materials, commentary and guidance from the Panel on Takeovers and Mergers (Panel), as well as Lexis+® UK analysis and resources, to give practical guidance on the interpretation and application of Appendix 5. Materials covered in this Resource Note include: • Practice Statements issued by the Panel Executive (the body that carries out the day-to-day work of takeover supervision and regulation) (Executive) to provide informal guidance as to how the Executive normally interprets and applies the Code • Panel Statements published by the Panel (P/S) and Panel Instruments • Public Consultation Papers (PCP) and Response Statements (RS) published by the Code Committee • Annual Reports published by the Panel containing discussion of general issues (Annual Reports) • relevant Lexis+® UK resources Appendix 5—Setting the scene Takeover Code—Appendix 5—Tender offers Code and Lexis+® UK resources What it covers Appendix...

Discover our 20 Practice Notes on Tender Offer

Resolution—authorising on-market share buybacks by a listed company

Resolution—authorising on-market share buybacks by a listed company STOP PRESS: A significant restructuring of the UK listing regime came into effect on 29 July 2024, which included the removal of the premium and standard listing segments and the creation of a single listing category for equity shares in commercial companies. The commercial companies category is heavily disclosure-based and sits alongside other listing categories such as the shell companies, secondary listing and closed ended investment fund categories. A new UK Listing Rules sourcebook came into force to implement the changes and the previous Listing Rules sourcebook was revoked. For further information see Practice Note: Reform of the UK listing regime—fundamentals. This Precedent reflects the listing regime as it was prior to 29 July 2024. SPECIAL RESOLUTION THAT the Company is generally and unconditionally authorised for the purpose of section 701 of the Companies Act 2006 to make market purchases (within the meaning of section 693(4) of that Act) of ordinary shares of [insert nominal value] each in the...

Dive into our 1 Precedents related to Tender Offer

ICC report on financial institutions and international arbitration

Arbitration analysis: On 9 November 2016, the ICC Commission on Arbitration and ADR (ICC) published a report on financial institutions and international arbitration. The report was the result of a two-year study by the ICC Task Force on Financial Institutions and International Arbitration (the Task Force), which examined the use of both international commercial and investor-state arbitration by financial institutions in a wide range of activities. Steven Finizio, Manuel Casas, Jonny Lim, and Rina See of WilmerHale consider the ICC’s report and summarise the Task Force’s findings and recommendations.

Read the latest 1 News articles on Tender Offer