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...May changes to u k takeover code amendments of particular significance for bidders summary on the s panel takeovers and mergers published results a consultation that started in december review city together with proposed cover broad range topics number which are prospective require disclose possible offer announcements whether they obliged under minimum level or form consideration prevent who have made mandatory from acquiring further target shares day period before shareholders must decide not accept clarify month look back used determining price runs date should been announced reform circumstances can be required make by virtue chain principle removing significant purpose test reducing threshold interest will take effect june any ongoing transactions subject amended provisions except where do so would give retroactive key summarised below disclosure obligation acquisitions their concert parties interests certain include such new york washington d c los angeles palo alto london paris ...