City Code on Takeovers and Mergers

The Takeover Code is the central UK rulebook for changes of control in public companies, emphasizing equal treatment, procedural fairness, and board neutrality in takeover settings.

Official full text

Regulatory code Metadata only Current code

Issuing body

The Panel on Takeovers and Mergers

Promulgation date

2023-12-31

Effective date

2023-12-31

Language status

Official English

Topics

Listed companies, Corporate reorganization and form changes, Shareholder rights, Comparative governance

Version chain

City Code on Takeovers and Mergers

Reader

Text and Excerpts

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