Definition of Mandatory offer - Finance dictionary
Mandatory offer((See Chapter 43 of the Vernimmen))
In most countries, when an acquiring company passes a certain threshold or acquires control of the target, it is required by stock exchangeregulation to offer to buy back the shares of all shareholders. Such an offer is called a mandatory offer.
Mandatory offer((See Chapter 43 of the Vernimmen))
In most countries, when an acquiring company passes a certain threshold or acquires control of the target, it is required by stock exchangeregulation to offer to buy back the shares of all shareholders. Such an offer is called a mandatory offer.
Mandatory offer((See Chapter 43 of the Vernimmen))
In most countries, when an acquiring company passes a certain threshold or acquires control of the target, it is required by stock exchangeregulation to offer to buy back the shares of all shareholders. Such an offer is called a mandatory offer.