Merger Rule Changes Mean Earlier Role for HRPosted in : HR Updates on 17 October 2011
Helen O'Brien writes:
New merger and acquisition rules introduced on 19 September will mean that those companies involved in acquisitions will have to bring HR into the picture at a much earlier stage of the due diligence process.
The Panel on Takeovers and Mergers (The Panel) is an independent body, whose main functions are to issue and administer the City Code on Takeovers and Mergers and to supervise and regulate takeovers and other matters to which the Code applies. Its central objective is to ensure fair treatment for all shareholders in takeover bids.
The code changes, which were introduced by The Panel, impose a strict timetable of 28 days between a bidder being
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This article is correct at 11/11/2015
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