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ARTICLE · 31 DECEMBER 2002

Deals and Developments

United KingdomFinance and Banking

This newsletter is intended to highlight deals and developments within the field of M&A and corporate finance. In this issue we focus on a number of developments, including the new launch of the EU Takeover Directive, the implications of the recent Sarbanes-Oxley Act of 2002, and the increasing trend of the UK’s top companies towards M&A litigation.

Another Launch For The EU Takeover Directive

The endless saga of the EU Takeover Directive continues. Seventeen years after the proposal was first put forward, and after what most commentators thought at the time was a fatal blow in 2001, when the European Parliament failed (on a tied vote) to endorse a compromise deal, the Commission has now published yet another draft version of the Directive.

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