CodeWord Issue 09 - April 2003

In this issue

Guidance Note to assist Independent Advisers

The Takeovers Panel believes that independent advisers have a pivotal role in the Takeovers Code regime. The report of an independent adviser should p...

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Minister announces Panel Appointments

Commerce Minister, Hon Lianne Dalziel recently announced the re-appointment of John King as chair of the Takeovers Panel, and the appointment of new m...

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Practice Notes – variations of Code offers & variable pricing

Variations of Code offersRule 27 of the Code provides that an offeror may vary a takeover offer:

to increase an existing component or components of t...

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Comments on Exemptions Declined

Under section 45 of the Takeovers Act 1993 the Panel may exempt any person or class of persons from compliance with any provision in the Takeovers Cod...

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Proposed Amendments to the Takeovers Code

A discussion paper on proposed amendments to the Takeovers Code was released this month.

The proposed amendments are of a technical nature and do not...

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Keep up to date with Panel Decisions

All Takeovers Panel decisions, news releases, exemptions, reports and issues of CodeWord are available from the Panel’s website, www.takeovers.govt.nz...

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