This guide provides an introduction to certain of the UK legal and regulatory requirements which would apply to a takeover of a UK public company. It is divided into three parts:
- Part I provides a brief overview of some of the key requirements of the City Code on
Takeovers and Mergers which the directors should bear in mind at all times;
- Part II sets out an overview of the bid process and the legal and regulatory framework
surrounding takeover offers in the UK; and
- Part III focuses on a director's responsibilities in the context of a takeover
The contents of this publication are for reference purposes only and may not be current as at the date of accessing this publication. They do not constitute legal advice and should not be relied upon as such. Specific legal advice about your specific circumstances should always be sought separately before taking any action based on this publication.
© Herbert Smith Freehills 2021