Introduction and summary The Panel Executive understands that, from time to time, concerns are expressed that certain provisions of the Takeover Code act as a barrier to co-operative action by fund ma…
Introduction Rule 21.2(a) provides that, except with the consent of the Panel, neither the offeree company nor any person acting in concert with it may enter into an offer-related arrangement with eit…
Introduction This Practice Statement describes the way in which the Panel Executive interprets and applies certain provisions of the Takeover Code in relation to the purchasing of shares in the offere…