Takeover Panel
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Takeover Panel
An organization in the United Kingdom that arbitrates both
acquisitions and
mergers While it has no ability to enforce its decisions, it carries a great deal of moral authority and attempts to treat individual and
corporate shareholders with equity. It is more formally called the Panel on Takeovers and Mergers.
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References in periodicals archive
In England, takeovers are regulated by the City Code on Takeovers and Mergers (City Code or Code), which is interpreted and enforced by the
Panel on Takeovers and Mergers (Takeover Panel or Panel), a self-regulatory body appointed by bodies representing different segments of the British financial community.
The
Panel on Takeovers and Mergers is the regulatory body which administers the City Code on Takeovers and Mergers.
"In order to provide an orderly framework for the resolution of this competitive situation, and in accordance with Rule 32.5 of the Code, iSoft is discussing with the
Panel on Takeovers and Mergers the terms of an auction procedure.
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