Takeover activity is regulated by Chapter 6 of the Corporations Act 2001,which seeks to ensure that:
A) the shareholders and directors of an acquiring company know the identity of the target.
B) the acquisition of control over voting shares in a listed company or an unlisted company with more than 20 members takes place in an efficient,competitive and informed market.
C) as far as practicable,all shareholders have a reasonable and equal opportunity to participate in any benefits offered by the bidder.
D) none of the given options.
Correct Answer:
Verified
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