37th International Financial Law Conference
11 May - 14 May 2022
Session information
Are stock-for-stock public offers feasible in spite of burdensome prospectus regulations?
Friday 13 May (1115 - 1230)
Committee(s)
Banking & Financial Law Committee
(Lead)
Securities Law Committee
(Lead)
Description
A public bidder offering their own stock to target shareholders
faces considerable disclosure challenges, which are exacerbated
in the situation of a bidding contest. In a highly practical and
interactive session, this panel will investigate:
• disclosure requirements;
• due diligence implications;
• how to deal with emerging information during the offer process
and subjective statements ‘junking’ the competing bid; and
• how to get prospectus supplements out in ‘United Kingdomstyle’
closing auction procedures.
Session / Workshop Chair(s)
| Jan Willem Hoevers | De Brauw Blackstone Westbroek, Amsterdam, Netherlands; Senior Vice Chair, Securities Law Committee |
| Patrick Schleiffer | Lenz & Staehelin, Zürich, Switzerland; Website Officer, Securities Law Committee |
Speakers
| Michele Barbone | Goldman Sachs Bank Europe, Succursale Italia, Milan, Italy |
| Alyssa K Caples | Cravath, Swaine & Moore LLP, London, England; Conference Quality Officer, Securities Law Committee |
| Federica Munno | Gatti Pavesi Bianchi Ludovici, Milan, Italy |