December 07, 2016 BY Valentina Kirilova

ASIC updates takeovers guidance on minimum bid price rule

ASIC has today reissued its regulatory guide on takeover bids to incorporate updated guidance on the minimum bid price rule in s621(3) of the Corporations Act. The rewrite of our previous guidance on the rule is designed to make it clearer and easier to use. There are no significant changes to the underlying policy. Regulatory…

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