Good day,
I am kindly asking which of the two is an IPO? Public issue (Offer for Subscription) or Public Offer for Sale by Tender?
I am reading from a Study text and I cannot tell for certain which of the two is an IPO.
Please help.
Thank you.
Ask the Tutor ACCA FM
Opentuition Notes F9 Chapter 11
They are both potentially IPO's.
An IPO is an initial public offering and is the name given to the first time a company becomes a public company.
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