By Chandrasegar Chidambaram
"The great merit of this book, above all, is that it is able to simplify with clarity what has always been a complex subject. All professionals involved in this important area of corporate practice, but especially directors of companies who target companies or who themselves are targeted by others for take-over, should therefore welcome this book." - Chief Justice Chan Sek Keong
Take-overs and Mergers, 2nd Ed provides a detailed and systematic account of the law and practice relating to take-overs and mergers.
This book emphasizes on practice and procedure rather than detailed legal theory. It has been carefully structured to assist merchant bankers, legal practitioners, all other professionals involved in take-over and merger transactions. It discusses extensively the regulatory framework of the financial markets, the Securities and Futures Act, the SGX-ST Listing Manual and the Singapore Code on Take-overs and Mergers.
With references made to the Rulings of the Securities Industry Council, the UK City Code and a detailed analysis of all key areas governing take-overs of public listed companies, this book is a valuable resource in a highly specialized area of practice.
- 1. Legal and Economic Background
- 2. Pre-1974 Scheme
- 3. Regulatory Scheme
- 4. The Approach and the Early Stages
- 5. Dealings - Restrictions and Disclosure Regime
- 6. Voluntary Offers
- 7. Mandatory Offers
- 8. Partial offers and Comparable Offers
- 9. Takeover Documentation
- 10. Conduct During Offer and Offer Timetable
- 11. Defensive Tactics Against Hostile Bids
- 12. Compulsory Acquisition of Shares