Take-over panel

Updated: Aug 20, 2021

The panel responsible for seeing that the city code on take-overs and mergers is honoured both in fact and in spirit. This code is extra-statutory and the panel is not responsible to, or governed by, the State; however, all companies are expected to conform to it or incur the wrath of the Stock Exchange, which could mean suspending the quotation of the shares of offending companies.

Reference: The Penguin Business Dictionary, 3rd edt.

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James Knight
Editor of Education
James is the Editor of Education for Invezz, where he covers topics from across the financial world, from the stock market, to cryptocurrency, to macroeconomic markets.... read more.