Nothing but negotiation

The Gap Partnership

Brian Myerson banned from business negotiations

Myerson among three investors that can not engage in merger activity for three years

15 July 2010

Brian Myerson has been banned from holding business negotiations for three years after breaching trading rules.

The Takeover Panel announced that the South African born businessman, along with two other investors, will no longer be able to engage in financial dealings in the UK.

Myerson was found in breach of takeover legislation after he colluded with Daniel Posen and Brian Padgett to take control of Principle Capital Investment Trust (PCIT) last year.

The three investors should have offered to buy-out shareholders, but as a result they will now be "cold shouldered" by those in the financial industry.

They were also accused of "knowingly and deliberately" misleading the Takeover Panel in its enquiries.

Mr Myerson claimed he was prepared to fight the ruling.

"I am now examining what legal options are open to me, including a challenge in the European Courts and whether or not the Panel exceeded its authority in acting as it did," he said.

Gap News

March 2014

The Negotiation Roadshow 2014

Generating value through creative negotiation

Read more

July 2013

Trading Global: Negotiating in the Far East

The Gap Partnership are hosting a complimentary Lunch & Learn seminar in association with UK Trade & Investment

Read more

April 2013

GroceryAid Negotiation Event Raises £26,550

The Gap Partnership, in conjunction with Asda, SC Johnson and Waitrose, host one-day negotiation workshop

Read more

February 2013

Trading Global - Negotiating in the Far East

What is the impact of cultural differences on your negotiations?

Read more

December 2012

The Gap Partnership Release New Negotiation Video

The Nothing but Negotiation video series continues with collaborative negotiation

Read more