On 4 February 2026, UK TO Panel detailed code amendments and adviser note. The amendments to the Takeover Code set out in Instrument 2025/1: Dual class share structures, IPOs and share buybacks and Instrument 2025/2: Minor amendments to Takeover Code, take effect from 4 February 2026. Code and Other Amendments Takeover Code website was updated […]
On 3 February 2026, JPN METI said it will reconvene fair takeovers study group. JPN METI said it will reconvene the Study Group on Fair Takeovers, to review necessary updates on the Guidelines for corporate takeovers issued on 31 August 2023. Follows JPN METI August 2023 issued action guide for corporate takeovers. Background The purpose […]
On 26 January 2026, the SFC updated the Takeover Table with the following: offer period for Hang Seng Bank Limited (Stock Code: 00011) closed on 26 January 2026. offer period for Hengdeli Holdings Limited (Stock Code: 03389) closed on 23 January 2026. new offer period has commenced for Skymission Group Holdings Limited (stock code: 01429) from 23 January 2026. new offer […]
On 12 January 2026, the SFC updated the Takeover Table with the following: new offer period has commenced for LFG Investment Holdings Limited (stock code: 03938) from 9 January 2026.
On 19 December 2025, SWI PRL announced it passed Lex China to control investments; screening law is intended to prevent takeovers that endanger public order or security. Background The Investment Screening Act requires pre-acquisition approval of a transaction if: a foreign state-controlled investor (includes legal entities directly/indirectly controlled by a foreign state body). Acquisitions by private […]
On 15 December 2025, UK TO Panel issued instrument and minor amendments. UK TO Panel issued minor amendments to Takeover Code, with instrument 2025/2. Changes do not materially alter effect of provisions so no consultation was needed. Amendments Rule 2.9 of the Code requires the offeree company, an offeror, and any publicly identified potential offeror […]