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United Kingdom

UK Takeover Panel consults on narrowing Code scope; abolishing residency test; three-year post-delisting run-off and transitional arrangements (PCP 2024/1)

Published on: 26 April 2024

Published by a LexisNexis Corporate expert
Legal News
Table of contents
  • What is the Panel proposing?
  • Benefits
  • Review and pre-consultation
  • Practical implications
  • Timing
Article summary

What is the Panel proposing?

The proposals outlined in consultation paper, PCP 2024/1, aim to retarget how the Takeover Code (Code) is applied to companies that would anticipate being covered by takeover regulation, and to deliver greater clarity and certainty about which companies come within the scope of the Panel’s jurisdiction in practice...

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