The UK’s Takeover Panel is consulting on a tightening of the rules for company acquisitions. Under the new rules firms making a takeover bid will make clearer statements of intent in respect of its future plans for the business that it hopes to acquire. Specifically, the panel recommending that companies making an offer should be […]
Read MoreThe UK’s M&A regulator, The Takeover Panel has concluded that the regime for hostile bids needs revision. Calls for a radical overhaul of the British approach to takeovers were made following the heated Kraft/Cadbury deal earlier this year. The Panel has rejected some of the more far reaching proposals mooted at the time but has conceded […]
Read MoreKraft is under investigation by The Panel on Takeovers and Mergers (the Panel) over allegedly misleading statements the company made to investors and employees during its five month takeover battle for Cadbury. According to reports in the Wall Street Journal, the Panel is looking into comments made by Kraft executives during the buyout regarding the future […]
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