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UK Takeover Code to distinguish between offer "commitments" and "intentions"

The body which oversees and regulates UK takeovers has proposed stricter regulation of commitments made by parties to an offer during acquisition talks, as distinguished from the parties' broad intentions. 16 Sep 2014

EU competition regulator asks rivals for views on Facebook deal to buy WhatsApp

Rivals to social networking company Facebook and messaging service WhatsApp have been asked for their views on the proposed merger of the two companies, according to a report in the media. 04 Sep 2014

Out-Law Guides

Roche announces $8.3bn acquisition of US biotech firm InterMune

Swiss pharmaceutical firm Roche has announced a "definitive merger agreement" with US firm InterMune, in a deal which will result in its acquisition of the manufacturer of respiratory treatments for a total purchase price of $8.3 billion. 28 Aug 2014

Asian telecoms firm targets mobile banking expansion with Germany’s Rocket

Telecoms operator the Philippine Long Distance Telephone Company (PLDT) and Germany’s Rocket Internet have entered into a “global strategic partnership” to develop online and mobile payment solutions in emerging markets. 08 Aug 2014

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