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Takeovers

Joined
30 January 2005
Posts
374
Reactions
1
Hi,

What is the limit on the amount of shares a company can acquire before they have to announce that they are making a takeover bid?
 
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19%

I'm pretty sure.

Why?

Ghoti

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Thanks.

Because two companies bought an equal amount of shares and obtainned an equal amount of voting power yesterday (8.24% each) in BUY which has entered into a trading halt today.
 
Is there anywhere that has a list of all ASX listed companies currently subject to a takeover offer?
 
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