TMA — Take-overs, Mergers and Acquisitions
- TMA-A Introduction
- TMA-B Scope of Application
- TMA-1 General Principles
-
TMA-2
Rules
- TMA-2.1 Communication of the Offer
- TMA-2.2 Independent Advice and Shareholder Approval
- TMA-2.3 Announcement of Offer or Possible Offer
- TMA-2.4 No Frustrating Action
- TMA-2.5 No Withdrawal of an Offer
- TMA 2.6 Information to Offeror(s)
- TMA 2.7 Timing and Content of Documents
- TMA-2.8 The Offeree's Director Responsibilities
- TMA-2.9 Profit Forecast and Other Financial Information
- TMA-2.10 Asset Valuation
- TMA-2.11 Issuance of Documents
- TMA-2.12 Offers for More than One Class of Equity Shares
- TMA-2.13 Appropriate Offers for Convertibles
- TMA-2.14 Offer Timetable
- TMA-2.15 Revised and Alternative Offers
- TMA-2.16 Acceptors' Right to Withdraw
- TMA-2.17 Statements during Course of Offer
- TMA-2.18 Announcement of Result of Offer
- TMA-2.19 Settlement of Consideration and Share Transfer
- TMA-2.20 Restrictions on Dealings before and during the Offer
- TMA-2.21 Disclosure of Dealings During Offer Period
- TMA-2.22 When Cash Offer is Required
- TMA-2.23 Purchases at Above Offer Price
- TMA-2.24 Provision for Escrow
- TMA-2.25 No Special Deals or Arrangements with Selected Shareholders
- TMA-2.26 Proxies
- TMA-3 Types of Offer
- TMA-4 Share Repurchases
- Appendices