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The Takeover Code
The Takeover Code
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  • Rule 36. Partial offers
  • 36.4 Offer for between 30% and 50%
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  • 36.1 Panel’s consent required
  • 36.2 Acquisitions before the offer
  • 36.3 Acquisitions during and after the offer
  • 36.4 Offer for between 30% and 50%
  • 36.5 Offer for 30% or more requires 50% approval
  • 36.6 Warning about control position
  • 36.7 Scaling down
  • 36.8 Comparable offer
  • Notes on Rule 36

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