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A working group made up of representatives on the Markets and Regulations and Legal Committees examined the Takeover Panel's consultation on the review of aspects of takeover bid regulation, which came about due to the controversy surrounding the Kraft-Cradbury takeover.  The QCA commented that we do not consider that there are significant issues or deficiencies in the operation and functioning of the Takeover Code and this is reflected in our responses to the specific questions below.

Click here to read the response (pdf)

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