On 3 July 2025, ESP CNMC in favor of extending takeover bid regime. ESP CNMC in favor of extending takeover bid regime to multilateral trading systems. Follows draft Royal Decree on regime of public offers for acquisition of securities which will extend its application to multilateral trading systems (IPN/CNMC/008/25). Multilateral Trading Systems Multilateral trading systems […]
On 4 July 2025, JPN FSA issued 350 public comments received and its responses wrt its major shareholding and takeover regimes. The FSA has published notice of the amendments to the major shareholdings and takeovers rules following a period of consultation. Re the tender offer (takeover) system, JPN FSA made further revisions to exclude share […]
On 3 July 2025, UK Takeover Panel consulted on share structures, IPOs, buybacks. UK Takeover Panel published public consultation paper (PCP 2025/9) on dual class share structures, initial public offerings (IPOs) and share buybacks. These proposed changes follow the FCA’s changes to the Listing Rules in 2024. Summary of Proposed Changes on DCSS Takeover Code […]
On 3 July 2025, the SFC updated its Takeover table to include the following: offer period for Yunhong Guixin Group Holdings Limited (Stock Code:8349) closed on 2 July 2025.
On Jun. 26, UK Takeover Panel issued decision on offer timetable definition. UK Takeover Panel issued decision in case of the takeover of Assura Plc by Sana Bidco Ltd. Case Summary On 9 April 2025, the Boards of Assura and Sana Bidco announced they had reached agreement on terms of recommended cash offer for the […]
On 30 June 2025, the SFC issued its Takeover Bulletin issue No. 73 Highlights: Treatment of right-of-use assets for Rule 11.1(f) Reminder to liquidators on disclosure obligations Talks announcement in a competitive situation Quarterly update on activities of Takeovers Team