Hi Sir, When can a predator company state its bid price, is it when it have 30% of shareholdings in the target company or?
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Code of takeover(bid price)
11y ago#1When 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
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