Hong Kong – SFC Takeovers Table Updated
On 15 January 2019, the offer period for Sinotrans Shipping Limited (Stock Code: 368) was closed.
Hong Kong – SFC Takeovers Table Updated
On 10 January 2019, the offer period for Geotech Holdings Ltd. (Stock Code: 1707) was closed .
Portugal – CMVM Takeover Bids Regime
On 31 December 2018, CMVM analyzes takeover bids regime for OECD study. OECD published a report Flexibility and proportionality in corporate governance which includes a contribution by CMVM on the Portuguese takeover bids regime. Focuses on operations carried out after the transposition of Directive 2004/25/EC. Seeks to show adaptability of current regime to different realities of […]
India – SEBI Takeovers Amendment
On 28 December 2018, SEBI issued third amendment to the regulations, changing wording and adding in explanation, effective from publication in official gazette.
Hong Kong – SFC Takeovers Table Updated
On 12 December 2018, the offer period for Dining Concepts Holdings Limited (StockCode: 8056) and Target Insurance (Holdings) Limited (Stock Code: 6161) were closed.
Netherlands – EA Cooling-Off in Takeovers
On 7 December 2018, NLD EA issued bill on cooling-off in hostile takeovers. Bill to allow board of a Dutch listed company to invoke 250 day cooling off period. Background Follows political debate over several hostile takeover attempts, e.g. Akzo-Nobel. Government response was published in letter dated May. 20, 2017, with 4 options. Shareholders may pressure […]