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Extraordinary Items - Panel beater.

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| September 01, 2003 | COPYRIGHT 2003 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From Financial Director)

Even though the self-regulating Takeover Panel is largely staffed by lawyers and merchant bankers on secondment from their big City firms, it has a reputation for being a body that corporate financiers don't want to upset, such is its authority and the high respect it commands.

What a shame that Mme Nahed Ojjeh, the Syrian-born widow of a Saudi Arabian arms dealer, wasn't aware of the Takeover Panel's reputation. In fact, she doesn't even appear to have ...

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