UK – Treasury Brexit Takeover Change

On 6 March 2019, UK TO Panel issued response statement, individual responses. Respondents generally supportive, intend to adopt the amendments proposed. In addition, makes a minor amendment to section 3(b) of Code’s introduction. So clear that General Principles apply to all transactions to which code applies. Committee has not yet made an instrument for amendments […]

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Singapore – MAS Takeovers and Mergers

On 24 January 2019, MAS issued a revised code incorporating consultation feedback. Changes regard relief for shareholders who trigger a mandatory general offer and greater certainty for the market and safeguards for minority shareholders. The revisions take effect on 25 January 2019.

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