In this episode of our public M&A podcast series, we talk about the UK Takeover Panel’s latest consultation paper (PCP 2026/1) which seeks views on a series of miscellaneous changes to the Takeover Code. Proposals being consulted on include:

  • when a voting agreement between a shareholder and the directors of a company will result in them being treated as acting in concert;
  • a change to the definition of reverse takeover; and
  • a change to the rules on extending a put up or shut up (PUSU) deadline.

To listen to the full conversation please visit SoundCloud, Spotify or Apple.

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Antonia Kirkby Laura Ackroyd