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Are there comfort factors in the UK law for Corus shareholders?

April 26, 2017comfort Corus factors Law Shareholders UK

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Are there comfort factors in the UK law for Corus shareholders?

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As far as UK law is concerned, the UK Takeover Code is designed principally to ensure that shareholders in a target company are treated fairly, and are allowed an opportunity to decide on the merits of an offer within an orderly framework for conduct of takeovers. So, the Corus shareholders can sit back and wait to see what happens in terms of a formal offer from CSN or any increase from Tata Steel.