Finland – TEM Reform of Takeover Act

On 6 March 2025, FIN TEM appointed working group to prepare reform of takeover act. FIN TEM appointed cross-sectoral working group to prepare the reform of the Act on the monitoring of foreign corporate acquisitions in line with the government program. Assessment memorandum on the need for reform was completed on 5 February 2025. Working […]

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South Korea – Takeovers: Mandatory Bids

On 4 March 2025, Nextrade, a new Alternative Trading System (ATS) commenced operations. shares acquired on the new ATS are also excluded from the tender offer / mandatory takeover rule this follows the amendment to the Capital Market and Financial Investment Business Act FSC press release can be found here (Korean).

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Hong Kong – SFC Updated Takeovers Table

On 3 March 2025, the SFC updated the Takeover Table offer period has commenced for OneConnect Financial Technology Co., Ltd.  (stock code: 6638) from 3 March 2025 name of an offeror has been added to Anacle Systems Limited (stock code: 8353)

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Hong Kong- SFC Takeover Table Updated

On 24 February 2025, the SFC updated the Takeover Table offer period for Shandong Hi-Speed New Energy Group Limited (Stock Code: 1250) closed on 18 February 2025.

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