Considering a Bid? Then Read This!


If you are considering making a bid for a company, you should know that changes to the takeover code have been announced by the take over panel.
There are several changes, which collectively are intended to:
·        increase the protection for target companies against protracted 'virtual bid' periods;
·        strengthen the position of the target company;
·        increase transparency and improving the quality of disclosure; and
·        provide greater recognition of the interests of target company employees. 
Full details here.

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