The UK Takeover Panel has publicly censured Indigo Capital LLC, the US hedge fund, for breaching UK takeover rules when it started buying shares in Regus, the UK office supplier.

Indigo Capital LLC has been found guilty of confusing the market over its stated intentions for Regus, which led to the office supplier's share price almost doubling. The hedge fund may now find itself shunned by UK-based financial services firms following the dressing down. It is rare for the panel to publicly shame companies, and it only happens about once a year.