Herbert Smith Freehills Podcasts
Public M&A podcast EP24: Bidder intention statements and Panel Bulletin 7
Jun 14, 2024
Episode 24
Herbert Smith Freehills Podcasts
In the latest episode of our public M&A podcast series we discuss Panel Bulletin 7 on bidders' intention statements on an offer. We look at:
- what intention statements are required by the Takeover Code and why;
- what the Takeover Panel says in Panel Bulletin 7, in particular as regards what the Panel will not accept in relation to intention statements; and
- what the lessons are for market practitioners and parties to a bid.