Which of the following statements is true regarding the Corporations Act 2001 on takeovers?
A) A market takeover announcement can only be undertaken if either the offeror or target is a member of the ASX.
B) In a formal takeover,the target company must produce a Part A statement whilst the offeror must produce a Part B statement.
C) A bidder in a partial takeover must specify at the outset the proportion of each shareholder's shares that the bidder will offer to buy.
D) The acquisition of additional shares in a company is prohibited if it results in a shareholder being entitled to more than 20% of voting shares.
Correct Answer:
Verified
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A)a company or
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Q35: A positive argument for 'spin offs' is:
A)that
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Q38: Empirical evidence on takeovers reveals that:
A)takeovers do
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