Panel on Takeovers and Mergers

The Panel on Takeovers and Mergers is a regulatory authority in the UK that oversees and regulates mergers, acquisitions, and takeover activities of publicly listed companies. Its role is to ensure such transactions are conducted fairly, transparently, and with proper disclosure to all shareholders and the market. The Panel sets rules to prevent market abuse, unfair practices, and to protect investors' interests during these corporate changes. It can intervene if a takeover bid is deemed unfair or if legal requirements are not met, helping maintain confidence and stability in the financial markets.