UK Takeover Panel introduces final form changes

Author: | Published: 21 Jul 2011

The UK Takeover Panel has today published the final form changes to the Takeover Code. The rules will come into force on September 19, with no material amendments to the rules proposed in March.

The biggest changes to the Code include an automatic 28-day "put up or shut up" deadline and a requirement for targets to name potential bidders. There...