On 28 September 2023, BHR CB proposed amendments to takeovers and mergers.
- BHR CB consulted on amendments to takeovers, mergers and acquisitions module.
- Amendments to section TMA-2.2 Independent Advice and Shareholder Approval of the Takeover, mergers and acquisitions module (Module TMA) under CBB rulebook - vol. 6.
Amendments
- Amendments to paras TMA-2.2.1, TMA-2.2.3; new TMA-2.3A on conflict of interest.
- TMA-2.2.6 Advice to independent shareholders deleted, amendments to TMA-2.2.7 and TMA-2.2.11; TMA-2.2.12 and TMA-2.2.13 on conflicting views has been deleted.
Effectiveness
- Comments should be submitted on the proposed amendments by 19 October 2023.
