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Panel confirms greater role for pension scheme trustees during company takeovers

Companies planning takeovers of other companies will have to set out the impact their plans will have on the target company's pension schemes in certain circumstances from next month. 23 Apr 2013

VAT on takeover costs not recoverable by holding company, says Court of Appeal

VAT incurred by a holding company on a takeover was not recoverable, according to a recent Court of Appeal decision in a case concerning UK airport operator BAA. 22 Feb 2013

Out-Law Guides

Reviewing accounts only part of an appropriate due diligence process, says expert

Companies seeking to enter into an outsourcing contract have to do more than just review the accounts of prospective suppliers in order to claim that they have conducted appropriate due diligence on the arrangement, an expert has said. 30 Nov 2012

Changes to Takeover Code working well, according to Panel report

Changes to the rules governing company acquisitions, introduced last year to protect shareholders in the event of a hostile takeover, have "operated satisfactorily" according to a report by the Takeover Panel. 28 Nov 2012

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