White Papers

Engaging with Investors During Takeover Situations

June 2026

This paper reflects discussions with a working group of Investor Forum members who have been involved in a number of takeover situations in recent years and were keen to share thoughts and perspectives as to how outcomes for long term shareholders might be enhanced. This group has identified a recurring pattern of takeover engagement that is often too limited, too late, and too constrained by an overly cautious interpretation of the Takeover Code.

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