Companies: Takeovers
Commons · Question 7923 · Tabled 8 Jun 2026 · Department for Business and Trade · Official record
Answered 15 Jun 2026
Question
Asked by Gregory Stafford
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.
Answer
Answered by Blair McDougall, 15 Jun 2026
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...