Stolen form an age article
The 20 per cent rule means a person cannot normally acquire 20 per cent or more of a company without making a formal takeover bid.
Under the so-called "creep" provisions, a shareholder can raise their stake above 20 per cent by buying up to three per cent of the company every six months.
Stolen form an age articleThe 20 per cent rule means a person...
-
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)