Public M&A podcast – how the Takeover Code applies in a distressed situation

The Covid-19 pandemic has hit a huge number of businesses and they will be exploring various options to repair their balance sheet or protect their business. Those options might include: seeking a full takeover or finding a cornerstone investor for the company In each case, if the company is governed by the UK Takeover Code, … Read more

Our latest M&A update briefing and webinar

We have published out latest M&A update briefing in which we look at the latest developments and trends, including: current M&A activity levels; what has changed on M&A transactions because of the Covid-19 pandemic; what we are seeing on public M&A transactions; some of the particular features of a distressed M&A transaction; and the potential … Read more

Public M&A Podcast Series Episode 5: Public to private (or P2P) bids

The Covid-19 pandemic has meant that we have seen a drop off in public M&A activity in the UK, but as prices stabilise and activity picks up again, we expect to see financial buyers, such as private equity and sovereign wealth funds, leading the way. In this podcast we discuss some of the features of … Read more

Latest FCA Primary Market Bulletin

The Financial Conduct Authority (FCA) has published the 30th edition of its Primary Market Bulletin (PMB). Topics covered in the PMB include: PDMR dealing notifications – It reminds persons discharging managerial responsibilities (PDMRs) of the importance of notifying dealings under the Market Abuse Regulation (MAR). This follows its first enforcement action for breach of the … Read more

Merger control thresholds lowered in three sectors

The thresholds at which the merger control regime is triggered in the UK has been lowered for three further sectors. This follows changes made in June this year in relation to businesses involved in the response to a pandemic (see our corporate update 2020/13) and changes in June 2018 for businesses involved in military, or … Read more

Consolidated corporate update January to June 2020

This half-yearly update briefing summarises the major developments in UK corporate law and regulation which have occurred over the last six months and which will be of relevance to UK listed companies. Please click here to see the briefing.   Read more

Our latest consolidated Public M&A update

We have published an overview of recent developments in public M&A in the UK. It covers recent market activity and the latest developments of interest to public M&A practitioners, including the ruling by the Takeover Panel that a bidder could not invoke a condition to its offer for Moss Bros, and changes to the foreign … Read more

Covid-19 – latest developments for corporate practitioners

Further guidance for companies has been published in light of the Covid-19 pandemic. Company meetings Shareholder meetings – Relaxations to the company meeting requirements contained in the Companies Act 2006 (as well as the meeting requirements for certain other entities) came into force on 26 June 2020. Under the relaxations, which were made by the … Read more