alleryStart learning →Under s.236(1), an acquirer must notify the company of intent to buy the rest at what holding?
ANinety per cent or more
BSeventy-five per cent
CFifty-one per cent
DTwenty-five per cent
Answer & Solution
Correct answer: A. Ninety per cent or more
Becoming registered holder of ninety per cent or more of issued equity triggers the notification duty.
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