ozwire your post is incorrect. A Scheme of Arrangement only requires 75% approval for the scheme to be approved. Once the Scheme is approved by 75%, the acquirer gets full control of the target company. The 90% figure attached to a compulsory takeover is irrelevant in this situation. 75% is the magic number.
- Forums
- ASX - By Stock
- SDL
- takeover
takeover, page-6
-
- There are more pages in this discussion • 23 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SDL (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online