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UK Public Markets Snapshot – March 2022

In our first UK Public Markets Snapshot for 2022, we cover key recent trends and points to watch out for. Headlines Don’t ignore merger arbs – they pile in quick and often need careful handling. Takeover Panel red lines –...more

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

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. ...more

FCA bans firms' use of restrictive contractual clauses for future primary market services

On 27 June 2017, the Financial Conduct Authority (FCA) published its Policy Statement PS17/13 'Investment and corporate banking: prohibition of restrictive contractual clauses' which sets out new rules banning the use of...more

Corporate News - July 2017

FCA bans firms' use of restrictive contractual clauses for future primary market services - On 27 June 2017, the Financial Conduct Authority (FCA) published its Policy Statement PS17/13 'Investment and corporate banking:...more

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