• Fair Deal? A New Overhaul of the UK Takeover Code
  • April 25, 2011 | Authors: Hywel Jones; Leon Sosnowski
  • Law Firm: King & Spalding International LLP - London Office
  • The Code Committee of the Takeover Panel, the UK body which supervises the conduct of public takeovers, (the Panel) published on 21 March 2011 a Public Consultation Paper 2011/1 with specific proposals to overhaul of the UK public takeover regulations contained in the City Code on Takeovers and Mergers (the Code). The Code is relevant to any potential bidder for a public company in the UK (even if such company is unlisted) and certain private companies.