Sentences with phrase «change takeover rules»

Following Sir George Cox's review on short - termism, we will change takeover rules, and corporate incentives and reform our tax system to stop short - term asset - stripping and support long - term investment.

Like changing takeover rules, so great British firms aren't at the mercy of the hedge funds and speculators who can swoop in after a takeover has been launched in the hunt for a quick buck.

Not exact matches

He directed some final jabs at Michael Dell, reiterating that he still thought the founder's buyout offer was too low, and compared the company's board — which postponed the shareholder vote numerous times and changed the voting rules to better Michael Dell's takeover chances — to a dictatorship.

Saputo, which owns 16.9 per cent of WCB, was compelled to change its offer this week after the Takeovers Panel ruled it had misled shareholders in relation to the franking value of two WCB dividends under a previous offer.

This would probably require changes to the takeover rules of the LSE, and to the role of directors and shareholders under the Companies Act.

Rio Tinto expressly disclaims any obligation or undertaking (except as required by applicable law, the City Code on Takeovers and Mergers (the «Takeover Code»), the UK Listing Rules, the Disclosure and Transparency Rules of the Financial Services Authority and the Listing Rules of the Australian Securities Exchange) to release publicly any updates or revisions to any forward - looking statement contained herein to reflect any change in Rio Tinto's expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based.

Carlson said that because the deal will mean a change in control of Rezidor, Swedish takeover rules require that HNA Tourism Group must decide within four weeks of closing either to initiate a public tender offer for the remaining 48.7 percent of Rezidor, or reduce its stake in that company to no more than 30 percent.

He described the changes to investment rules as they relate to state - owned enterprises as «an incremental increase» in the uncertainty that has always surrounded foreign takeovers in Canada rather than a deal killer.

Prior to the takeover bid rule changes, issuers targeted by unsolicited bids had made frequent use of such plans to extend the time available to respond.

Taking into consideration that coordinating board member changes in several jurisdictions with different rules, timing and documentation requirements (e.g. following a takeover of a company group) is often troublesome, bureaucratic and time - consuming, CBM provides an overview of the requirements for changing board members, including timelines and checklists, in currently 47 global jurisdictions.