ABSTRACT
The principal body of provisions emerged from the consultation document, Company Law-Implementation of the European Directive on Takeover Bids.7351 Additionally, the Company Law Review Group considered issues related to ‘squeeze-out’ and ‘sell-out’ concerning the problems of, and for, residual minority shareholders following a successful takeover bid) in Chapter 11 and Annex B of Completing the Structure, and presented their conclusions in Chapter 13 of the Final Report. Certain provisions in Part 28 of the CA 2006 have been developed in the light of these conclusions.
