Codes on Takeovers and Mergers and Share Repurchases

  • Published by the Securities and Futures Commission in consultation with the Takeovers and Mergers Panel and its predecessor, the Committee on Takeovers and Mergers.
  • The Codes affords fair treatment for shareholders who are affected by takeover and merger transactions and share repurchases.
  • The Codes provide an orderly framework within which takeovers, mergers and share repurchases are to be conducted.