The Takeover Panel, the body that oversees mergers and acquisitions involving UK public companies, today published its consultation paper announcing a review of certain aspects of the regulation of bids, and set a deadline of July 27 for interested parties' comments.

A summary of the points raised for discussion, which could subsequently lead to future consultation papers from the panel detailing proposed amendments to the code or instead prompt the panel to pass feedback to either government or a different relevant regulator, follows below: