Takeovers and Mergers
Competency Title:
Takeovers and Mergers
Competency Type:
Foundational
Competency Description
This competency refers to the ability to understand and comply with the principles and rules pertaining to takeovers and mergers. The scope includes understanding the situation when a takeover offer must be made and the ability to comply with the processes and procedures stipulated in relevant rules and regulations in a timely manner, as well as supplying sufficient information to enable relevant parties to assess the merit of the takeover offer.
Level 1 - Awareness
Level 1
• Identify the laws and regulations related to takeovers and mergers.
• Recognise the different types of offer in takeovers and mergers.
• Identify the regulatory bodies involved in takeover and merger activities.
Level 2 - Knowledge
Level 2
• Identify the process and procedures in takeover and merger activities.
• Clarify the principles and rules pertaining to takeovers and mergers.
• Identify relevant parties in a takeover and merger.
Level 3 - Skill
Level 3
• Ascertain the role and obligations of the different parties involved in a specific takeover or merger situation.
• Identify the approval requirements and prepare the announcement, disclosure and offer documents in a timely manner.
• Arrange for the announcement and disclosures as required by regulations and procedures.
Level 4 - Mastery
Level 4
• Interpret a given situation and identify when a takeover offer must be made.
• Implement takeover and merger practices that are aligned to the principles and rules.
• Review announcement, disclosure and offer documents for sufficiency and compliance with regulatory requirements and timeline.
Level 5 - Expert
Level 5
• Guide and advise others on matters pertaining to takeover and merger procedures and regulations.
• Drive the takeover and merger activities in a manner that balances the interest of the client with meeting the regulatory requirements.
• Advise and clarify the legal perspective to resolve complex issues related to takeovers and mergers.