Following on the brief article recently on the possible effects that COVID-19 will have on Offerors relying on Material Adverse Changes (MAC) to “walk away” from announced transactions, I thought it prudent to also raise and discuss the more than likely rise of unsolicited offers or so-called “hostile takeovers” during ...
Tag: Law and COVID-19
Jun 2, 2020Tanya Jacobsz
INTRODUCTION 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 to acquire a public or listed entity he is bound and cannot simply walk away from the deal based on what it considers unfavourable ...
May 25, 2020Tanya Jacobsz