BPP Black Friday sale!

40% discount on all BPP books specially for OpenTuition students!
Get it here >>

Code of takeover(bid price)

This topic has 1 reply, 2 voices, and was last updated 10 years ago by John Moffat.

Viewing 2 posts - 1 through 2 (of 2 total)

Author
Posts
October 27, 2014 at 8:30 am #206183
amelia85
Member
- Topics: 34
- Replies: 53
Hi Sir, When can a predator company state its bid price, is it when it have 30% of shareholdings in the target company or?
October 27, 2014 at 6:04 pm #206265
John Moffat
Keymaster
- Topics: 57
- Replies: 54483
When a person or group acquires interests in shares carrying 30% or more of the voting rights of a company, they must make a cash offer to all other shareholders at the highest price paid in the 12 months before the offer was announced
Author
Posts

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.