JD Supra

Summary of UK Takeover Panel Practice Statement 36 (PS36): Unlisted share alternatives

PS36 provides guidance on how the Panel usually applies Takeover Code provisions relating to an unlisted share alternative to a cash offer (stub equity), emphasising that the Panel should be consulted ...
JD Supra

Summary of Takeover Code Changes on Dual Class Share Structures, IPOs and Share Buybacks

The Takeover Code (Code) changes in Panel consultation paper “PCP 2025/1” and response statement “RS 2025/1”: set out (in response to related amendments to the UK Listing Rules in 2024) a new ...