Sentences with phrase «takeover bid regime»
This year, the Canadian securities regulator will propose significant changes to the takeover bid regime with the goal of providing target boards more time to respond, but will it serve to actually dampen merger and acquisition activity in the country?
http://www.canadianlawyermag.com/ Not exact matches
It agrees with business secretary Vince Cable that many mergers fail to create value for shareholders, and that our liberal takeover regime means British firms attract more bids than European and US competitors.
Under the current regime, non-exempt takeover bids must remain open for 35 days and are not subject to any minimum tender requirement or an extension requirement once the bidder has taken up deposited securities.