Public Companies: Cancellation schemes of arrangement not available on takeovers

Recent changes mean public company takeovers cannot use cancellation schemes of arrangement. New regulations prohibit share capital reduction where the scheme is to acquire all company shares.

12 March 2015

Public Companies: Cancellation schemes of arrangement not available on takeovers, (pdf, 0.47MB)

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Dominic Davis Partner

+44 (0) 117 902 7196 dominic.davis@burges-salmon.com

• Corporate
• Mergers and Acquisitions
• Joint Ventures

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