Shearman & Sterling LLP
Issue link: https://digital.shearman.com/i/1494420
Certain Funds – Certain Funds Period • Commences on date of financing agreement or, if later, the announcement • Terminates: • Scheme effective date, plus a period after that (Law Society Working Party recommends 6 weeks) • Offer or scheme lapses, is withdrawn or rejected • Acquisition of all target shares • Squeeze-out process is completed or not commenced after squeeze-out longstop • General longstop date, plus a further period (Law Society Working Party recommends 8 weeks) 67 Public to Private Transactions – What You Need To Know