The Takeover Panel
The Panel on Takeovers and Mergers (the “Panel”) is an independent body, established in 1968, whose main functions are to issue and administer the City Code on Takeovers and Mergers (the “Code”) and to supervise and regulate takeovers and other matters to which the Code applies. Its central objective is to ensure fair treatment for all shareholders in takeover bids.
The Takeover Code
Statements by the Panel
Recent website updates
- 20/7/16: 2016/7 Publication of the Panel’s Annual Report
- 14/7/16: 2016/6 New Terms of Reference and new Procedures for the Hearings Committee and the Code Committee; amendments to the Introduction to the Takeover Code
- 14/7/16: 2016/5 Publication of RS 2016/1 – The communication and distribution of information during an offer