On 12 June 2025, the SFC updated its Takeover table to include the following: offer period for UBA Investments Limited (Stock Code: 0768) closed on 11 June 2025.
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Hong Kong – SFC Updated Takeover Table
On 5 June 2025, the SFC updated its Takeover table to include the following: offer period for PT International Development Corporation Limited (Stock Code: 0372) closed on 5 June 2025.
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Romania – ROM ASF Entity Acquisition/Takeover Criteria
On 28 May 2025, ROM ASF published draft law on acquisition assessments. ROM ASF issued draft regulation amending Reg 3/2016 on criteria and procedure for assessment of acquisitions/takeover and shareholding increases in FSA-regulated entities. Purpose Clarify assessment processes for acquisitions/takeovers, increases in shareholding in regulated entities. Aligns and harmonizes Reg 3/2016 to provisions of ESAs…
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Hong Kong – SFC Updated its Takeover Table
On 30 May 2025, the SFC updated its Takeover table to include the following: offer period for Soundwill Holdings Limited (Stock Code: 0878) closed on 23 May 2025.
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Philippines – CB Rural Bank of San Juan Banned Re: Takeover
On 16 May 2025, PHI DEP announced that depositors of the closed Rural Bank of San Juan (Southern Leyte) have until 29 May 2025 to file their deposit insurance claims. Under the PHI DEP charter, depositors are given two years from the bank's takeover (on 29 May 2023 as detailed above) to file deposit insurance…
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U.K. – CMA Aviva, Direct Line Takeover Probe
On 14 May 2025, UK CMA launched inquiry Aviva purchase of Direct Line. UK CMA is investigating the anticipated takeover by Aviva plc of Direct Line Insurance Group plc, to assess whether it may be the case the transaction will result in creation of a relevant merger situation under Enterprise Act 2002 merger provisions. Takeover…
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