In The News

Takeovers: Argentina – ACNV Acquisition Limit Offers

On Apr. 27, ACNV issued rules to raise public acquisition offers. Increased the percentage from 15% to 35%, to be considered significant participation. Significant participation determines the mandatory nature of launching a takeover bid. Takeover Bid RG No. 689 establishes obligation to launch partial takeover bid, when stake exceeded. When intend to achieve a stake…
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United Kingdom – New TR-1 Form Effective 30 June

FCA moves to adopt a new TR-1 form which is closer to the ESMA issued form. The FCA have decided to make some amendments to the content of the form as follows: • Include a new box to identify non-UK issuers • Include a box to indicate the date on which issuer was notified (to…
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