The Takeover Code
Rules
Rule 13. Conditions and pre-conditions to an offer
13.2 Requirement to use all reasonable efforts

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Fourteenth edition
11 December 2023

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11 December 2023

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Requirement to use all reasonable efforts

Following the announcement of a firm intention to make an offer, an offeror must use all reasonable efforts to ensure the satisfaction of any conditions or pre-conditions to which the offer is subject.

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Requirement to use all reasonable efforts