CodeWord Issue 16 - May 2006

In this issue

The Oyster Bay Case – Part 2

This issue of CodeWord follows the Oyster Bay case through to its conclusion in the High Court and the start of a new takeover process. This case is p…

Read More

Rank Group Investments & Carter Holt Harvey

The Panel made a significant decision in February 2006 on the terms of a proposed offer to be made by Rank Group for the remaining shares in Carter Ho…

Read More

Guidance Note - Restrictive Conditions

The Code allows a bidder to make a takeover offer subject to conditions but limits the nature of those conditions. Rule 25(1) of the Code provides tha…

Read More

Schemes of Arrangement & Inconsistencies between the Code & the Companies Act

The Panel has released a discussion paper on proposed changes to its policy on the use of its exemption powers to enable changes of control of Code co…

Read More

Misleading The Panel

The Panel is concerned about incompleteness and lack of accuracy in some information it receives. These shortcomings occur both in complaints about th…

Read More
Back to top