This month, the UK Takeover Panel published Response Statement 2018/1, which confirmed the amendments that will be made to the rules of the UK Takeover Code in relation to asset valuations published during the course of a takeover bid.
The changes will come into effect on 1 April 2019 and largely track the Panel’s proposals in its Public Consultation Paper 2018/1, with minor modifications.
Please click here to read the full alert memorandum.