Investment Trusts: Takeovers
Commons · Question 27945 · Tabled 31 Jan 2025 · Treasury · Official record
Answered 6 Feb 2025
Question
Asked by Scott Arthur
To ask the Chancellor of the Exchequer, whether her Department is taking steps to help protect the interests of shareholders in investment trusts that are subject to hostile takeovers by overseas entities.
Answer
Answered by Emma Reynolds, 6 Feb 2025
Listed companies such as listed investment trusts are subject to substantial corporate governance and shareholder protection requirements.This includes fair treatment and orderly takeover requirements under the Takeover Code, which the independent Takeove...