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Legal Briefing
Takeover Code changes – more of the same
Practice Area: Management Buyins and Buyouts
Sector: Business services
Jurisdiction: England & Wales
Published: 05 April 2011
Law Firm: Travers Smith
Overview
The Takeover Panel has now published its consultation paper setting out the details of the UK Takeover Code amendments that it is proposing.
In spite of strong lobbying efforts from representatives of the private equity industry and others, the Takeover Panel has held firm with the key principles highlighted in its October response statement, including the curtailment of deal protection measures and the accelerated "put up or shut up" regime.
Travers Smith highlights the Panel's proposed amendments.
To read more click ‘view briefing’.
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