On the ASX what are the requirements to delist a takeover target company?
The Australian Securities Exchange (ASX) requires that a takeover target company be delisted if:
1. The takeover offer has been accepted by holders of at least 90% of the target company's securities;
2. The takeover offer has been declared unconditional;
3. The takeover has been approved by the Australian Securities and Investments Commission (ASIC) and the Court;
4. All conditions of the offer have been satisfied or waived;
5. The offeror has executed a deed of delisting; and
6. The offeror has paid for all securities taken up under the offer.
On the ASX what are the requirements to delist a takeover target...
-
- There are more pages in this discussion • 18 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add MIN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$53.34 |
Change
2.350(4.61%) |
Mkt cap ! $10.48B | |||
| Open | High | Low | Value | Volume |
| $53.00 | $54.16 | $52.33 | $72.07M | 1.351M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8 | $53.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $53.36 | 4226 | 1 |
View Market Depth
| Last trade - 16.10pm 07/10/2024 (20 minute delay) ? |
| MIN (ASX) Chart |