Insider Participation in Control Transactions
- Date:13 Apr 2007
- Type:Policy & Advocacy: Submission
AICD have made comments on three areas raised in the Takeovers Panel's issues paper, Insider participation in control transactions , addressing potential conflicts of interest and provision of information to potential rival bidders. A common thread to our views is that prescriptive rules are not appropriate in the context of control transactions.
Submission to the Takeovers Panel in response to their public consultation on Insider participation in control transactions.
A copy of an article authored by Colin Galbraith entitled Changing Control Can Cause Conflicts was sent with this submission.