The Takeover Panel has published a consultation paper on dual class share structures, IPOs and share buybacks. The proposed amendments to the Takeover Code clarify how the mandatory offer requirements apply to a company with...more
In Short - The Situation: Certain provisions of the current Codes on Takeovers and Mergers and Share Buybacks of Hong Kong (the "Codes") may cause confusion to companies and relevant stakeholders in complying with the...more
In Short - The Situation: Certain provisions of the current Codes on Takeovers and Mergers and Share Buy-Backs of Hong Kong (the "Codes") may cause confusion to companies and relevant stakeholders in complying with the...more
The Hong Kong Securities and Futures Commission (the SFC) launched a consultation on proposed amendments to the Codes on Takeovers and Mergers and Share Buy‑backs (the Codes)....more
On Monday, UPS revealed that in December it sued European antitrust regulators over a 5-year-old decision that blocked the delivery company’s takeover of the Netherlands’ TNT Express. UPS is seeking more than $2 billion in...more