United Kingdom: Takeover Panel consultation on "acting in concert" definition
The Takeover Panel has published a consultation paper (PCP 2022/2) setting out proposed changes to the definition of “acting on concert” in…
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The Takeover Panel has published a consultation paper (PCP 2022/2) setting out proposed changes to the definition of “acting on concert” in…
Investegate announcements from Takeover Panel, Publication of Public Consultation Paper 2022/2
Investegate announcements from Takeover Panel, Statement re Public Consultation Paper 2022/1
Investegate announcements from Takeover Panel, Code Committee Statement re PCP 2021/1
[co-author: Krishane Sri Rajkumar] In this update, we consider key statistics, trends, developments and highlights regarding U.K. public M&A transactions governed by the U.K. City Code on Takeovers and Mergers (the Takeover Code) that were announced during the first half (H1) of 2021. Key Statistics and Trends H1 2021 vs. H1 2020 The COVID-19 pandemic certainly had a significant impact on the volume of firm offers announced in H1 2020. However, a comparison of the number and size of deals in H2 2020 and H1 2021 against H1 2020, shows a steady return to pre-pandemic levels of activity, with 28...