p. 2289. Control of a company
- Derek FrenchDerek FrenchFreelance editor and writer in business and legal publishing for over 30 years
Abstract
This chapter discusses how control of a company can be identified and how it can change. It considers takeovers, the City Code and compulsory acquisition of remaining shares. There is full discussion of the provisions for disclosure of significant holdings both to warn of potential takeover moves and to disclose in the public interest who has significant control of a company. The statutory definitions of holding company, subsidiary and wholly owned subsidiary are considered.