questionText: To ask the Secretary of State for Business and Trade, whether the Government is taking steps to protect the interests of retail shareholders in situations where a majority shareholder exercises its voting rights in relation to a competing takeover offer.
answerText: The Takeover Code, which has a statutory basis under the Companies Act 2006, sets out a clear and orderly framework for takeovers, including measures to ensure fairness to all shareholders. The Code is issued and administered by the independent Panel on T...
heading: Companies: Takeovers