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White & Case says CNBC featured its UK public M&A market update
White & Case said its third-quarter UK Public M&A Market Update was featured in a CNBC article on foreign-led takeovers of UK-listed businesses. The firm’s announcement included comments from Sonica Tolani and Patrick Sarch about bidding tactics, public pressure on boards and the characteristics attracting overseas investors.
Key points
- White & Case said Tolani discussed the use of hostile offers.White & Case
- The firm’s account said Tolani described bidders making proposed terms public to encourage shareholder pressure.White & Case
- White & Case identified Sarch as head of its UK Public M&A practice.White & Case
- The firm said Sarch discussed companies’ global revenues, cash generation and management teams.White & Case