Public M&A EP24: Bidder intention statements and Panel Bulletin 7
Jun 14, 2024•17 min
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Episode description
In the latest episode of our public M&A podcast series we discuss Panel Bulletin 7 on bidders' intention statements on an offer. We look at:
• what intention statements are required by the Takeover Code and why;
• what the Takeover Panel says in Panel Bulletin 7, in particular as regards what the Panel will not accept in relation to intention statements; and
• what the lessons are for market practitioners and parties to a bid.
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