DLCs: double trouble?
The relatively high number of large dual-listed company (DLC) deals in the past year has led the Takeover Panel to re-think its stance regarding the City Code's jurisdiction. David Higgins and Bruce Embley look at the proposed developments and implications
Dual-listed companies (DLC) may have been around for nearly a century, but following the recent deal involving P&O Princess Cruises and Royal Caribbean Cruises, in which Carnival Corporation has intervened, they have come under more scrutiny than ever before.
This premium content is reserved for
Legal Week Subscribers.
Subscribe today and get 10% off.
A PREMIUM SUBSCRIPTION PROVIDES:
- Trusted insight, news and analysis from the UK and across the globe
- Connections to senior business lawyers within the leading law firms and legal departments
- Unique access to ALM's unrivalled, market-leading reporting in the US and Asia and cutting-edge research, including Legal Week's UK Top 50 and Global 100 rankings
- The Legal Week Daily News Alert, Editor's Highlights, and Breaking News digital newsletters and more, plus a choice of over 70 ALM newsletters
- Optimized access on all of your devices: desktop, tablet and mobile
- Complete access to the site's full archive of more than 56,000 articles
Already have an account? Sign In Now
For enterprise-wide or corporate enquiries, please contact Paul Reeves on Preeves@alm.com or call on +44 (0) 203 875 0651