New Practical Law Public Mergers and Acquisitions Content
Content updates
The newly published resources are:
- Practice note, Reverse takeovers, which provides an overview of reverse takeovers, including the types of transactions that may constitute a reverse takeover, the situations in which bidder shareholder approval may be required and any applicable requirements under the ASX Listing Rules.
- Practice note, Control transactions: acquisitions by shareholder approval, which provides an overview of acquisitions approved by target shareholders under the exception in item 7 of section 611 of the CA 2001, including legislative and disclosure requirements, voting restrictions and independent expert report requirements.
- Practice note, Takeovers: institutional acceptance facilities, which provides overview of acceptance facilities used in takeover bids, including why acceptance facilities are used, how they work, the disclosure details required where a bidder establishes an acceptance facility, and Takeovers Panel consideration of acceptance facilities.
For a complete guide to Practical Law Corporate's documents relating to takeover bids and links to those documents, see Toolkit, Takeovers.