"COVID-19 MAC – Can we get out please?" – UK Takeover Panel says no

John Connell, Richard Diffenthal, John Holme, Daniel Simons
Hogan Lovells
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A recent ruling from the Takeover Panel (Panel) on the takeover offer for Moss Bros has reemphasised the difficulty bidders face in invoking material adverse change (MAC) conditions on UK takeovers.

Please see full publication below for more information.

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