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	<title>The Harvard Law School Forum on Corporate Governance</title>
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	<title>Review of the UK Takeover Code &#8211; The Harvard Law School Forum on Corporate Governance</title>
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		<title>Review of the UK Takeover Code</title>
		<link>https://corpgov.law.harvard.edu/2010/08/01/review-of-the-uk-takeover-code/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=review-of-the-uk-takeover-code</link>
		<comments>https://corpgov.law.harvard.edu/2010/08/01/review-of-the-uk-takeover-code/#comments</comments>
		<pubDate>Sun, 01 Aug 2010 14:46:52 +0000</pubDate>
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				<category><![CDATA[International Corporate Governance & Regulation]]></category>
		<category><![CDATA[Mergers & Acquisitions]]></category>
		<category><![CDATA[Practitioner Publications]]></category>
		<category><![CDATA[UK]]></category>
		<category><![CDATA[UK Takeover Code]]></category>

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		<description><![CDATA[At the beginning of this month, the UK Panel on Takeovers and Mergers (the Panel) announced a wide-ranging review of a number of fundamental principles of UK takeover regulation contained in the Panel’s City Code on Takeovers and Mergers (the Code). Responses are required by 27 July 2010. This review has been prompted in part [&#8230;]]]></description>
				<content:encoded><![CDATA[<hgroup><em>Posted by Scott Hirst, co-editor, HLS Forum on Corporate Governance and Financial Regulation, on Sunday, August 1, 2010 </em><div class='e_n' style='background:#F8F8F8;padding:10px;margin-top:5px;margin-bottom:10px;text-indent:2.5em;'><strong style='margin-left:-2.5em;'>Editor's Note: </strong> <p style="margin:0; display:inline;">This post comes to us from <a href="http://www.shearman.com/tcroff/" target="_blank">Tobia Croff</a>, a partner in the European Corporate Group at Shearman &amp; Sterling LLP, and is based on a Shearman &amp; Sterling Client Publication.</p>
</div></hgroup><p>At the beginning of this month, the UK Panel on Takeovers and Mergers (the Panel) announced a wide-ranging review of a number of fundamental principles of UK takeover regulation contained in the Panel’s City Code on Takeovers and Mergers (the Code). Responses are required by 27 July 2010. This review has been prompted in part by the debate &#8211; both in the press and among politicians &#8211; generated by the highly controversial and ultimately successful bid by Kraft for Cadbury earlier this year; Shearman &amp; Sterling and the firm acted as US counsel to Cadbury in this battle. This briefing looks at the review and notes some issues raised by it, in relation to which positions adopted in France, Germany or Italy may be instructive.</p>
<p> <a href="https://corpgov.law.harvard.edu/2010/08/01/review-of-the-uk-takeover-code/#more-11223" class="more-link"><span aria-label="Continue reading Review of the UK Takeover Code">(more&hellip;)</span></a></p>
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