City Code on Takeovers and Mergers

City Code on Takeovers and Mergers
The City Code on Takeovers and Mergers, initiated in 1968, provides guidelines and regulations to ensure fair practices in company takeovers and mergers, safeguarding shareholder interests and maintaining market integrity.
Dawn Raid
An aggressive strategy by a company or investor to acquire a substantial equity stake in another company by purchasing available shares immediately as the stock market opens, often catching the target company off guard.
Warehousing
The storage of goods in a warehouse or the act of building up a holding of shares in a company prior to making a takeover bid by buying small lots of shares and 'warehousing' them in the name of nominees.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.