| Commentary

169 City Code on Takeovers and Mergers

| Commentary

169 City Code on Takeovers and Mergers

The principal regulatory framework of mergers and acquisitions in the United Kingdom is provided by the City Code on Takeovers and Mergers (City Code), which is produced by the Panel on Takeovers and Mergers (Panel). Where either the offeror or offeree has its securities listed on the Official List, the United Kingdom Listing Rules issued by the Financial Conduct Authority (FCA) in its capacity as United Kingdom Listing Authority will also be relevant. The two sets of rules work together, as can be seen from the Listing Rules’ emphasis on the importance of

To continue reading
View the latest version of this document, as well as thousands of others like it, sign in to LexisLibrary or register for a free trial