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UK Corporate Update 

Takeover Code amendments now in force 

01 February 2010

Amendments to Rule 16 (management incentivisation arrangements), Note 8 to Rule 9.1 (chain principle bids), Rule 12.2 (restrictions on an offeror after it is refused or decided not to pursue competition clearance) and Rule 26 (display documents must now be put on a website) of the Takeover Code came into force on 25 January 2010. Details of the changes can be found here.

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