Meaning of “takeover code” in the English Dictionary

business-english dictionary

"takeover code" in Business English

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takeover codenoun [ S ]

also Takeover Code uk us

FINANCE, GOVERNMENT in the UK, a set of rules that a company that wants to take control of another company must follow:

Under the official takeover code, yesterday was the deadline for any higher offer.
His offer breached the Takeover Code.

(Definition of “takeover code” from the Cambridge Business English Dictionary © Cambridge University Press)