n Without Prejudice - Mandatory offers : company law
|Article Title||Mandatory offers : company law|
|© Publisher:||JetBlue Publishers (Pty) Ltd|
|Affiliations||1 Norton Rose South Africa and 2 Norton Rose South Africa|
|Publication Date||Nov 2011|
|Pages||25 - 26|
Mandatory offers by persons who wish to acquire more than 35% of the shareholding in a regulated company are dealt with in s123 of the Companies Act, 2008. Takeover Regulations to the Act have been gazetted in terms of s120, and regulation 86 deals with mandatory offers.
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