The Takeover Panel has issued Practice Statement 26: Shareholder Activism, in response to concerns that certain provisions of the Takeover Code prevent co-operation by fund managers and institutional shareholders. The Takeover Panel Executive does not share these concerns and Practice Statement 26 describes the way in which the Executive interprets and applies the Code provisions in question.The Takeover Panel has issued Practice Statement 26: Shareholder Activism, in response to concerns that certain provisions of the Takeover Code prevent co-operation by fund managers and institutional shareholders. The Takeover Panel Executive does not share these concerns and Practice Statement 26 describes the way in which the Executive interprets and applies the Code provisions in question.Spread The Love, Share Our Article
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