ARTICLE
10 November 2016

Takeover Code

AO
A&O Shearman

Contributor

A&O Shearman was formed in 2024 via the merger of two historic firms, Allen & Overy and Shearman & Sterling. With nearly 4,000 lawyers globally, we are equally fluent in English law, U.S. law and the laws of the world’s most dynamic markets. This combination creates a new kind of law firm, one built to achieve unparalleled outcomes for our clients on their most complex, multijurisdictional matters – everywhere in the world. A firm that advises at the forefront of the forces changing the current of global business and that is unrivalled in its global strength. Our clients benefit from the collective experience of teams who work with many of the world’s most influential companies and institutions, and have a history of precedent-setting innovations. Together our lawyers advise more than a third of NYSE-listed businesses, a fifth of the NASDAQ and a notable proportion of the London Stock Exchange, the Euronext, Euronext Paris and the Tokyo and Hong Kong Stock Exchanges.
This new edition includes amendments in relation to the communication and distribution of information on which the Takeover Panel consulted on in February 2016.
United Kingdom Corporate/Commercial Law
A&O Shearman are most popular:
  • within Law Department Performance and Consumer Protection topic(s)
  • with readers working within the Retail & Leisure industries

New Edition of the Takeover Code

On 12 September 2016, the 12th edition of the Takeover Code came into effect. This new edition includes amendments in relation to the communication and distribution of information on which the Takeover Panel consulted on in February 2016 and which were discussed in the April 2016 edition of this newsletter. It also includes Terms of Reference and Rules of Procedure for the Hearings Committee. There are also new procedures for the amendment of the Takeover Code and various minor amendments to certain Practice Statements in relation to the Code issued by the Takeover Panel.

The new edition of the Takeover Code can be accessed here:

http://www.thetakeoverpanel.org.uk/wp-content/uploads/2016/09/The-Takeover-Code-September-2016.pdf

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

[View Source]

Mondaq uses cookies on this website. By using our website you agree to our use of cookies as set out in our Privacy Policy.

Learn More