The Boardroom Blog

New UK Takeover Code changes explained post-Cadbury/Kraft

Tuesday, November 15, 2011 | Posted by: Grant Thornton
Categories: Governance, Thought Leadership | Tags: report, M&A, finance, acquisitions, mergers, Cadbury, Takeover Code, Kraft, takeovers, hostile, takeover panel

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The acquisition of Cadbury plc by the US-based Kraft Food Inc in 2010 caused a public outcry and political debate on the UK takeover regime. As a result, new rules have come into force on UK public company takeovers. What are the key amendments, and how will they impact future M&A and takeover activity?

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Bribery Act debate: Enforcement - will it be taken seriously?

Monday, February 07, 2011 | Posted by: Grant Thornton
Categories: Corruption, Non-executive director, Risk | Tags: M&A, CFO, due diligence, Bribery Act, bribery, Companies Act, G20, non-executive directors, board of directors, Proceeds of Crime Act, corruption risk assessment, enforcement, Transparency International, BAE Systems, infrastructure projects, growth review, risk assessment, collective action, World Bank, Adequate procedures

What guarantee is there that enforcement will be taken seriously?  Panel members discuss not only trends in enforcement but the commercial efficiencies of having systems in place to prevent bribery.

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How does private equity drive FD behaviours?

Thursday, December 02, 2010 | Posted by: Fiona Cullinan
Categories: Research, Thought Leadership | Tags: statistics, report, survey, M&A, data, advice, CFO, FD, investors, Directorbank, finance director, analysis, private equity, skills, shareholders, risk attitude

Private equity remains a significant part of the UK economy and is often under the microscope. It remains a dominant force in the M&A market. In our survey of 350 directors, we asked whether having a stake in a private equity business drives different behaviours – 70% of them said that it does.

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Comparing corporate governance in India and the UK

Wednesday, November 17, 2010 | Posted by: Fiona Cullinan
Categories: Governance, Thought Leadership | Tags: India, business, governance, investment, risk, M&A, FRC, bribery, Stewardship Code, anti-corruption, banking crisis, scandals

Corporate scandals involving companies like the Maxwell Group, Enron, WorldCom and Satyam, and the recent banking crisis, have influenced the corporate governance norms in the US, the UK and India. Our recent India Watch article examines the key differences between the corporate governance regimes in both the UK and India.

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