A Permitted Bid must be made to all the holders of the Company's shares on identical terms, be open for acceptance for at least 60 days, be made by way of a takeover bid
circular prepared in compliance with applicable securities legislation and require the deposit of more than 50% of the outstanding common shares (other than those held by the acquiring person or group).
Shoei President Tanehiko Kamiura told a press conference Tuesday that the company will ask friendly shareholders not to sell their holdings and predicted MAC would fail in its takeover bid
Foreign takeover bids
regulated in certain jurisdictions are likely to be accompanied by adequate disclosure because these jurisdictions have takeover regimes that offer comparable levels of disclosure and investor protection to that provided in Australia.
5) The framework contains the most significant reforms to the takeover bid
regime in Canada in decades.
Dens Park is owned by former Dundee United director John Bennett and it is understood the new group of investors aim to buy the ground back from him as part of their takeover bid
Perth, Australia, Feb 16, 2011 - (ABN Newswire) - As previously announced, FerrAus Limited (ASX:FRS) (PINK:FRRAF) had delayed settlement of its A$35 million placement (Placement) pending ASIC determination of an application by Wah Nam International Australia Pty Ltd, a wholly owned subsidiary of Wah Nam International Holdings Limited (HKG:0159) (Wah Nam), for relief to vary offers under its takeover bid
to extend them to newly issued shares (Takeover Extension), including shares to be issued under the Placement (new Placement Shares).
A key discussion was also to focus on the pounds 509million bond taken out by the Glazer family who currently own United - it is likely any takeover bid
would have to entail retaining the bond.
Russian billionaire Alisher Usmanov and Stan Kroenke have long been fighting for control of the club and if either bought a notable amount of Bracewell-Smith's stock, it would trigger a formal takeover bid
Russian billionaire Alisher Usmanov and Stan Kroenke have long been fighting for control and if either bought a notable amount of Bracewell-Smith's stock, it would trigger a formal takeover bid
08% in order to avoid filing a mandatory takeover bid
SPECULATION is mounting whether Midlands-based chocolate make Cadbury is preparing for a renewed takeover bid
NYSE:SOV) has announced that it had rejected a takeover bid
made by an investment group last month.
2 per cent stake in the Gunners in April when it appeared he would mount a full takeover bid
with Arsenal's former vicechairman David Dein.
said Thursday it will launch a takeover bid
to make casual clothing chain operator Marufuru Co.
According to Reuters, Delta rejected the initial takeover bid
, which prompted an increase of the offer by about 20%.