Written Question·Treasury·UIN 27945
Investment Trusts: Takeovers
Tabled: 31 January 2025
Answered: 6 February 2025
Question
Dr Scott Arthur
Labour — Edinburgh South West
To ask the Chancellor of the Exchequer, whether her Department is taking steps to help protect the interests of shareholders in investment trusts that are subject to hostile takeovers by overseas entities.
Answer
Emma ReynoldsListed companies such as listed investment trusts are subject to substantial corporate governance and shareholder protection requirements.This includes fair treatment and orderly takeover requirements under the Takeover Code, which the independent Takeove...
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