alleryStart learning →In other indirect acquisitions, the offer price is enhanced at what yearly rate (Reg 8(12))?
A5 per cent
B8 per cent
C10 per cent
D12 per cent
Answer & Solution
Correct answer: C. 10 per cent
Regulation 8(12) adds interest at ten per cent per annum for the period from the primary acquisition decision to the detailed public statement.
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