CodeWord Issue 19 - April 2007

In this issue

Valediction - John King

From former Chairman, John KingIt was a very lengthy process from the appointment of the original Takeovers Panel Advisory Committee back in 1991 to t...

Read More

Exemptions for IPOs

IPO class exemption revokedThe Panel revoked the class exemption for initial public offerings (IPOs) on 15 May 2006.  The IPO class exemption was cont...

Read More

Revised policy on exemptions for Companies Act schemes of arrangement

The Panel has published a revised policy on the use of its exemption powers relating to schemes of arrangement under Part XV of the Companies Act 1993...

Read More

Waiveable Offer Conditions

Many offers have conditions which can be waived by the offeror.  This allows an offeror to protect itself from unforeseen circumstances while enabling...

Read More