On 17 November 2021, BHR CB proposed to amend take-overs, mergers module. BHR CB proposed amendments to take-overs, mergers and acquisitions (TMA) module. Revised provisions relate to independent advice, issuance of documents, settlement of consideration and share transfer, restrictions on dealings before and during offer. As well as offer timetable, compulsory acquisitions and delisting, among […]
On 24 November 2021, Rulefinder’a Short Selling Data identified a temporary short selling ban in three issuers effective 25 November in S Korea.
On 22 November 2021, SGX amended SGX FTR RN 4.1.11 appendix A, added volume threshold for SGX options on MB Iron Ore CFR China (65% Fe Fines) index futures. Also amended appendix B to add minimum tick schedule for the same contract. Changes come into effect from 6 December 2021.
On 4 November 2021, the FMA fined Compass Gruppe GmbH for belated notification of the exceeding of the 4% shareholding limit of shares in an issuer. The company failed to notify the FMA, the stock exchange company and the issuer (CLEEN Energy AG) of exceeding the substantial shareholding participation limit in due time.
On 16 November 2021, UK CMA announced the digital secretary asked CMA to carry out further investigation into NVIDIA’s takeover of Arm in a phase 2 investigation. Ordered an in-depth investigation on the grounds of national security and competition. Follows phase one process investigating the merger potential competition implications. UK CMA’s phase one report found […]
On 16 November 2021, UK GVT issued two further statutory instruments re NSI Act 2021. The National Security and Investment Act 2021 (Notifiable Acquisition) (Specification of Qualifying Entities) Regulations 2021, SI 2021/1264, as made on 10 November 2021. Sets qualifying entity definition, acquisition of which constitutes notifiable acquisition. The National Security and Investment Act 2021 […]