Just to clarify (assuming you are an investor and not a trader)
If the takeover is cash then you are liable for capital gains tax
if the takeover offer is scrip then:
Scrip for scrip rolloverprovides a tax-effective way to defer, and subsequently manage, any CGT. It allows you to defer any capital gain made in the sale of your business until the time you decide to sell the shares.
AZS Price at posting:
$3.50 Sentiment: None Disclosure: Not Held
