The Panel (”POTAM”)
Jul 23rd, 2008 | By James Green | Category: Guide to City JargonThe “Panel on Takeovers and Megers” have the main function to issue and administer the “City Code on Takeovers and Mergers” and to supervise and regulate takeovers and other matters to which the Code applies.
The Panel has been designated as the supervisory authority to carry out certain regulatory functions concerning takeovers under the EC Directive on Takeover Bids.