Acq ws8 detailed notes - Study guides, Class notes & Summaries

ACQ WS8 - Detailed notes Last document update:   ago

Public Offers The main source of regulation of takeovers of PUBLIC COMPANIES is called the TAKEOVER CODE ON TAKEOVERS AND MERGERS. What is the PURPOSE of the Takeover Code? Ensure fair and equal TREATMENT of all shareholders in an offeree company in relation to takeovers; Provide an orderly FRAMEWORK within which takeovers are conducted; and Promote the INTEGRITY of the financial markets. To whom does it apply? All about the target, not bidder ⟶ From Para 3(A) – City Code Introduct...