Letter of intent—takeover or scheme of arrangement
Letter of intent—takeover or scheme of arrangement

The following Corporate precedent provides comprehensive and up to date legal information covering:

  • Letter of intent—takeover or scheme of arrangement

To: The Directors [insert offeror/offeree's name]

[insert address]

[insert date]

Dear Directors

Proposed acquisition of [name of offeree] ([Offeree]) by [name of offeror] ([Offeror])

We, [insert name of shareholder(s)], refer to the [proposed] acquisition (the Acquisition) [to be] announced pursuant to Rule 2.7 of the City Code on Takeovers and Mergers (the Code) by [Offeror] on [or about] [insert date] of all the issued [and to be issued] [ordinary] share capital of [Offeree], which is [currently] intended to be implemented by means of a [contractual offer within the meaning of section 974 of the Companies Act 2006 (the Offer) OR scheme of arrangement under Part 26 of the Companies Act 2006 (the Scheme)].

We are the [registered holder AND/OR [and] beneficial owner] of, or other

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