UK Takeover Code Changes: Key Points For Bidders, Targets

By Dan Hirschovits, Will Pearce and Joseph Scrace (December 13, 2023, 4:39 PM GMT) -- In keeping with its practice of revisiting the U.K. Takeover Code in light of market practice,[1] the U.K. Takeover Panel consulted on proposed changes to Rule 21 in May,[2] and confirmed the amendments in October. These amendments took effect on Dec. 11....

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