alleryStart learning →Per share value must be disclosed in an indirect deal if the target's share exceeds what?
A5 per cent
B10 per cent
C15 per cent
D25 per cent
Answer & Solution
Correct answer: C. 15 per cent
Regulation 8(5) requires computing and disclosing a per share value where the proportionate net assets, turnover or market capitalisation exceeds fifteen per cent.
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