Following a series of consultations on a 'low policy content' review of the Takeovers Code over 2009-2011, the Takeovers Panel has released a paper outlining its final recommendations on various technical drafting amendments to the Takeovers Code and a small number of amendments to the Takeovers Act 1993. The paper is available here.

Further consultation

The Panel has indicated that the draft regulations that will give effect to the amendments will be sent to those who submitted on the Panel’s consultation papers to develop the policy of the amendments.

The draft regulations will be available on the Panel’s website: