MERGERS AND ACQUISITIONS PROFESSIONAL ENGLISH IN USE FOR LAW

 

PROFESSIONAL ENGLISH IN USE FOR LAW 27. MERGERS AND ACQUISITIONS

 

A Mergers and acquisitions Steve Jakes is a senior partner in a law firm and specialises in mergers and acquisitions. He’s talking to a client from Japan. ‘A merger or takeover occurs when one company has acquired the majority, or even the entirety, of the shares of the target company. B Dealing disclosure requirements ‘The conduct of takeovers is controlled by rules set by the City Code on Takeovers and Mergers. The Code is administered by the Panel of Takeovers and Mergers, an independent body which draws its members from major financial and business institutions. UK registered   EXERCISES 27.1 Complete the table with words from A opposite and related forms. Put a stress mark in front of the stressed syllable in each word. The first one has been done for you. 27.2 Complete the article with words from the table above and A opposite. Pay attention to the grammatical context. There is more than one possibility for one of the answers. Linde offers £138m to ease delay in BOC bid Linde has offered to pay BOC group shareholders up to £138,4 million in compensation if anti-trust (1) ________ delay the German group’s (2) ________ approach. In a move designed to allay fears that regulators could block Linde’s £8.2 billion (3) ________ for BOC, the German suitor said that it would pay up to 27p per BOC share if it had not received (4) ________ clearance in Europe and America 27.3 Steve Jakes is answering a client’s enquiry about the rules on dealing disclosure. Complete this extract from his email. Look at A and B opposite to help you. Pay attention to the grammatical context. Dear Jan, You asked about dealing disclosure rules in takeovers. Below is a summary of rule 8.3 of the City Code on Takeovers and Mergers, which everyone must (1) ____________ ___________ or risk disciplinary action.

ANSWER KEY