A target will almost always require a prospective acquirer to sign a confidentiality agreement before granting due diligence access. Under a standard confidentiality agreement, the prospective acquirer agrees to keep due diligence information confidential and to use it only for the purposes of a target-recommended transaction.
The prospective acquirer’s ability to acquire a pre-bid stake will be impacted by insider trading rules to the extent it is granted due diligence or otherwise acquires information that is confidential and price-sensitive. Also, a bidder should be aware that it will be unable to vote any target shares it holds on the scheme of arrangement.
So i guess all that tells that its not the Capgemini whose buying shares.
It must just be people who are happy to pay 53 cents today because they are reasonably certain that they will get 50cents plus a 5 cent dividend plus 2.14 cents franking credits. in March. Thats 7.8% in 4 months which is 35% per annum.
A target will almost always require a prospective acquirer to...
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