On 5 January 2025, the SFC updated its Takeover table to reflect the following: the offer period closed for China Boqi Environmental (Holding) Co., Ltd. (Stock Code: 2377) on 3 January 2025. Visit SFC Takeover Table
On 30 December 2024, the SFC published its monthly Takeover Bulletin. Highlights include: New email address for submissions to the Takeovers Team Cold shoulder order against Zuo Ping for breaching the mandatory general offer obligation Rule 22 submissions: Aggregation of same-day, same-price trades and presentation of non-HKD currency-denominated trades Quarterly update on Takeovers Team activities
On 17 December 2024, Nasdaq Nordic issued rules for issuers of ETN products. Nasdaq Nordic issued Nasdaq Helsinki Regulated Market Rulebook for Issuers of Exchange Traded Notes, with specific requirements for a financial instrument to be admitted to trading at the Exchange and rules on issuer disclosure requirements. Overview Nasdaq Helsinki Ltd published a new […]
On 17 December 2024, UK FB issued blog on recent changes to takeover code. UK Takeover Panel which oversees corporate takeovers under a City Code on Takeovers and Mergers (the Code), confirmed new changes which will reduce the companies affected. Follows UK TO Panel April 2024 issued consultation on code applicability. Changes Overview The main […]
On 13 December 2024, ARG CNV modified privatization policy standards. ARG CNV issued General Resolution 1037/2024 to modify standards (NT 2013, mod.). The Resolution modified rules on takeover bids that do not involve changes in control. Highlights Resolution 1037 clarified provisions applicable to Public Acquisition Offers (OPA) within the framework of the privatization policy promoted […]
On 6 December 2024, the SFC updated its Takeover table to reflect the following: new offer period has commenced for Vertical International Holdings Limited (stock code: 8375) from 5 December 2024. Visit SFC Takeover Table