The acquirer must have or needs to purchase more than -------% of the paid up equity capital of other company which the acquirer intended to overtake.

Related MCQs

• When an acquirer company takeovers the control over the other company against the wishes of targeted company’s management considered as ____________
• Approval of Board of directors upto ------ % of the total paid up equity capital and free reserves of the company.
• Ratio of aggregate of secured and unsecured debt owned by the company after buyback should not be more than ---------the paid up capital and free reserves.
• __________means an acquirer takes over the control of the target company.
• ________ means an acquirer takes over the control of the target company.
• A _______ offer may be made by an existing shareholder or an acquirer who holds no shares in the target company.
• ___________ defines the various terms connected with takeover like acquirer, acquisition, target company, etc.
• ________ takes place when one company acquires control over other company by way of purchase or exchange of shares.
• Percentage of buyback of shares should not exceed --------- of the aggregate of the paid up capital and free reserves of the company.
• Under _________ Strategy, the target company attempts to purchase the shares of the raider company.