UK Financial Assistance | Practical Law

UK Financial Assistance | Practical Law

A summary of the UK rules prohibiting certain UK companies from giving financial assistance (such as making a loan or providing collateral or guarantees) for the purpose of the acquisition of their shares or those of a UK parent company.

UK Financial Assistance

Practical Law Practice Note 5-385-7153 (Approx. 3 pages)

UK Financial Assistance

by Practical Law Finance
MaintainedUnited Kingdom
A summary of the UK rules prohibiting certain UK companies from giving financial assistance (such as making a loan or providing collateral or guarantees) for the purpose of the acquisition of their shares or those of a UK parent company.