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Panel prevents bidder from leaving Moss Bros at the altar

Panel prevents bidder from leaving Moss Bros at the altar
Published on: 20 May 2020
Published by: LexisPSL
  • Panel prevents bidder from leaving Moss Bros at the altar
  • Background
  • On what grounds did Brigadier seek to lapse its offer?
  • In what circumstances can a bidder invoke a condition to its offer?
  • What next for the Moss Bros bid?

Article summary

Corporate analysis: The Takeover Panel (Panel) has ruled that the bidder for Moss Bros is not entitled to invoke the conditions to its offer notwithstanding the impact that the coronavirus (COVID-19) pandemic has had on Moss Bros’s business. or take a trial to read the full analysis.

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