Sentences with phrase «formal takeover offer»

Not exact matches

Under takeover rules in the U.K., where SABMiller has its primary listing, ABI was required to make a formal offer by Wednesday evening in London, or else withdraw its interest, after having declared its intention to bid last month.

AbbVie, whose offer was formally announced today (20 June), has until 18 July to make a formal bid, according to Takeover Panel rules.