Navigate this market better. Subscribe for FREE stock alerts and information.

Tuesday, January 22, 2013

Citigroup's Robert-Tissot to take top Takeover Panel role, (NYSE: EVR)

Philip Robert-Tissot, chairman of Europe, Middle East and Africa Mergers and Acquisitions at Citigroup, is to be the next director general of the UK Takeover Panel, the regulator said on Tuesday.Robert-Tissot will take up his appointment on April 1. He will be on a two-year secondment from Citi.The Panel is an independent body that administers Britain's code on takeovers and supervises and regulates deals. Its central objective is to ensure fair treatment for investors.Robert-Tissot will take over from Robert Gillespie, a senior M&A banker at advisory boutique Evercore Partners, who had been in the role since September 2010.

Evercore Partners Inc. is an independent investment banking advisory firm. Shares of EVR remained unchanged at $34.34. In the past year, the shares have traded as low as $20.57 and as high as $34.34. On average, 232930 shares of EVR exchange hands on a given day and today's volume is recorded at 0.