Takeovers Panel consultation paper on Guidance Note 7
On 14 December 2023, the Takeovers Panel (Takeovers Panel or Panel) published a consultation paper inviting comments on its draft revised ‘Guidance Note 7—Deal protection’ (Revised Guidance Note). This submission has been prepared by the Corporations Committee of the Business Law Section of the Law Council of Australia (the Committee) in response to that consultation paper.
Unless otherwise stated, all references to paragraph and footnote numbers in this submission are references to the paragraph and footnote numbers used in the Revised Guidance Note.
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