Store closures and sharp declines in discretionary consumer spending are anticipated to affect non-essential retail (e.g. non-food, apparel, fashion, and luxury products). Although the picture is mixed, some retailers have...more
3/8/2023
/ Acquisitions ,
Distressed Assets ,
Distressed Debt ,
Economic Downturn ,
Inflation Adjustments ,
Mergers ,
Retail Market ,
Retailers ,
Strategic Partnerships ,
Strategic Planning ,
UK
2022 saw the return of physical meetings for a significant majority of AGMs, with companies viewing hybrid meetings as more complex and costly. Institutional investors continue to support well organised hybrid meetings, but...more
In response to Lord Hill’s review of the UK Listing Regime, the FCA consulted earlier this year on changes to the Listing Rules for special purpose acquisition companies (SPACs). The proposed changes remove the presumption of...more
8/6/2021
/ Capital Markets ,
Corporate Counsel ,
Disclosure Requirements ,
Financial Conduct Authority (FCA) ,
Initial Public Offering (IPO) ,
Listing Rules ,
New Guidance ,
New Rules ,
Ring-Fencing ,
Share Redemption ,
Shareholder Approval ,
Special Purpose Acquisition Companies (SPACs) ,
UK
On 17 April, the Competition and Markets Authority provisionally cleared Amazon’s acquisition of a minority shareholding and certain other rights in Deliveroo. This provisional decision highlights how the so-called “exiting...more
4/23/2020
/ Amazon ,
Antitrust Provisions ,
Competition ,
Coronavirus/COVID-19 ,
Economic Downturn ,
Investigations ,
Merger Controls ,
Mergers ,
Popular ,
UK ,
UK Competition and Markets Authority (CMA)
2020 will see companies report against the 2018 UK Corporate Governance Code for the first time. Amongst other things, companies will need to explain the methods used for workforce engagement and provide clear explanations...more
1/30/2020
/ Annual Reports ,
Beneficial Owner ,
Board of Directors ,
Diversity ,
Energy Efficiency ,
Environmental Social & Governance (ESG) ,
Equal Pay ,
Insolvency ,
Libor ,
Merger Controls ,
Mergers ,
Publicly-Traded Companies ,
Reporting Requirements ,
State and Local Government ,
UK
The FCA has published decision notices fining Cathay International Holdings Ltd, its CEO and Finance Director for breach of the Listing Principles and DTRs. Mark Steward, Executive Director of Enforcement and Market...more