Herbert Smith Freehills Kramer Podcasts

Public M&A EP39: Offering securities as consideration on a takeover

Herbert Smith Freehills Kramer Podcasts Episode 39

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0:00 | 14:41

In this episode of our public M&A podcast series, we talk about share for share takeovers, or securities exchange offers.

We look at the issues that need to be considered in the context of these deals under:

  • the new regime for offers of securities and prospectuses;
  • the Takeover Code; and
  • the UK Listing Rules.

We also discuss whether we are likely to see more offers with share consideration in light of the new prospectus regime that came into force in January this year.