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New Takeover Panel Guidance on Private Sale Processes

Author: Joanna Healey

New Takeover Panel Guidance on Private Sale Processes

The Takeover Panel has updated its Practice Statement 31 to set out its new practice in respect of private sale processes. A private sale process is relevant where a company may wish to initiate discussions on a private basis with more than one potential bidder and choose not to announce those discussions.

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New Takeover Panel Guidance on Private Sale Processes

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New Takeover Panel Guidance on Private Sale Processes

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