City Code on Takeovers and Mergers (the Takeover Code) 2016

City Code on Takeovers and Mergers (the Takeover Code) 2016

English

Date :

12 September 2016

Date posted :

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This code was produced by :

The Code is designed principally to ensure that shareholders in an offeree company are treated fairly and are not denied an opportunity to decide on the merits of a takeover and that shareholders in the offeree company of the same class are afforded equivalent treatment by an offeror.
The Code also provides an orderly framework within which takeovers are conducted. In addition, it is designed to promote, in conjunction with other regulatory regimes, the integrity of the financial markets.

Contributed by

Maria Lucia Passador

marialucia.passador@unibocconi.it