--The U.K.'s financial regulator has issued warnings to bankers after a rise in the number of takeover deals reported in the media before their announcement, the Financial Times reports.
--The Financial Conduct Authority found that 42 of the 110 takeover announcements involving U.K.-listed companies were pre-empted by media speculation between the start of April 2024 and May 29, 2025, the FT reports, citing FCA data it obtained via a freedom of information request.
--Officials believe the trend reflects a rise in "strategic leaks" where companies seek to manipulate takeover negotiations in their favor, the FT reports.
Full story: https://shorturl.at/xuh0v
Write to Adam Whittaker at adam.whittaker@wsj.com
(END) Dow Jones Newswires
July 01, 2025 04:43 ET (08:43 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.