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Clarificatory amendment to the Voting Agreements Class Exemption

Guidance|Published Nov 8, 2021

In September 2020, the Panel issued the Takeovers Code (Voting Agreements for Schemes of Arrangement) Exemption Notice 2020 exempting persons from rule 6(1) of the Takeovers Code for increases in…

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Updates to the Guidance Note on Upstream Acquisitions

Guidance|Published Nov 8, 2021

The Panel’s Guidance Note on Upstream Acquisitions (the Guidance Note) sets out the Panel’s policy for dealing with the impacts of the Code on upstream acquisitions. If an upstream company holds or…

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Christmas Closedown

Guidance|Published Nov 8, 2021

The Takeovers Panel offices will close from Friday, 24 December 2021, and reopen on Monday, 10 January 2022. While the office is closed, the Panel's General Counsel Mark Cunliffe may be contacted on…

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Upstream Acquisitions

Guidance|Published Nov 5, 2021

This Guidance Note sets out the Panel’s policy for dealing with the impacts of the Takeovers Code on upstream acquisitions. If an upstream company holds or controls voting rights in a downstream Code…

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