The current restriction on a bidder purchasing target shares through an anonymous order book during an offer period is being removed from 13 June 2022, as it is no longer considered proportionate for the Takeover Code to restrict purchases of target shares by a bidder on an anonymous order book.
Click here to read more.
For further information, please contact:
Joanna Healey, Linklaters
joanna.healey@linklaters.com
