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 MoreExemptions 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 MoreRevised 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 MoreWaiveable 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…
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