Recent News
Takeover Law and COVID-19 Part 2 – The Role of Independent Directors
Follow up on the brief article on the possible effects that COVID-19 will have on Offerors relying on Material Adverse Changes (MAC) to “walk away” from…
Takeover Law and COVID-19
Takeovers and in particular, public takeovers must at all times be conducted with certainty and transparency in that once an Offeror issues an announcement of intent…
Share buy-backs and waiver of mandatory offers in terms of the Companies Act
Mandatory offer requirements in terms of s123 of the Companies Act, 2008 involving regulated companies and share buy-back transactions done in terms of s48…
Appraisal rights and protection of minority shareholders
A discussion around appraisal rights, their history and background, how they find application under the Companies Act, protection of minority shareholders…
Business Rescue Regime under the Companies Act, 2008
One of the new innovations is the Business Rescue regime which has its sole purpose “to provide for efficient rescue of financially distressed companies”…
Merger and takeover law – Impact on private companies
Follow-up on the article ‘Mergers and takeovers under the new Companies Act’ – South African mergers and acquisitions under the new Companies Act 71 of 2008…