From Longman Business Dictionarytakeover panelˈtakeover ˌpanelFINANCE in Britain and some other countries, an official body that makes sure that TAKEOVERs (=occasions when one company buys another) are performed according to the rules it has establishedThe takeover panel criticised the bank for failing to tell the panel that a client company’s shares were rising rapidly while it was in takeover talks. → panel
