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Guidelines on advance defences to hostile take-overs

Take-overs A take-over involves a change of control of a company.1 This occurs when the , existing shareholders of a target (or offeree) company transfer sufficient shares to an offeror so as to give to the offeror control of the voting power attaching to the target company's share cap~tal.2 This wi...

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Main Author: Murphy, A J A
Format: Thesis
Language:English
Published: Centre for Law and Society 2024
Subjects:
Law
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access_status_str Open Access
author Murphy, A J A
author_browse Murphy, A J A
author_facet Murphy, A J A
author_sort Murphy, A J A
collection Thesis
description Take-overs A take-over involves a change of control of a company.1 This occurs when the , existing shareholders of a target (or offeree) company transfer sufficient shares to an offeror so as to give to the offeror control of the voting power attaching to the target company's share cap~tal.2 This will occur - (a) where the offeror acquires all or over 50% of the voting shares in the target company; or (b) depending on the nature of the shareholding structure of the target company, effective de facto control may be achieved with less than a 50% shareholding in the target company. Shareholders in many large companies do not bother to vote in person or by proxy at general meetings of shareholders so that a 30% shareholding may give de facto control over a target company.3
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institution University of Cape Town (South Africa)
language eng
last_indexed 2026-06-10T12:33:25.185Z
license_str Not specified — see source repository
provenance_str_mv Harvested via OAI-PMH from UCTD — University of Cape Town Open Access Repository
publishDate 2024
publishDateRange 2024
publishDateSort 2024
publisher Centre for Law and Society
publisherStr Centre for Law and Society
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source_str UCTD — University of Cape Town Open Access Repository
spelling oai:open.uct.ac.za:11427/40580 Guidelines on advance defences to hostile take-overs Murphy, A J A Law Take-overs A take-over involves a change of control of a company.1 This occurs when the , existing shareholders of a target (or offeree) company transfer sufficient shares to an offeror so as to give to the offeror control of the voting power attaching to the target company's share cap~tal.2 This will occur - (a) where the offeror acquires all or over 50% of the voting shares in the target company; or (b) depending on the nature of the shareholding structure of the target company, effective de facto control may be achieved with less than a 50% shareholding in the target company. Shareholders in many large companies do not bother to vote in person or by proxy at general meetings of shareholders so that a 30% shareholding may give de facto control over a target company.3 2024-10-17T12:09:15Z 2024-10-17T12:09:15Z 1993 2024-07-12T07:35:41Z Thesis / Dissertation Masters LLM http://hdl.handle.net/11427/40580 eng application/pdf Centre for Law and Society Faculty of Law
spellingShingle Law
Murphy, A J A
Guidelines on advance defences to hostile take-overs
thesis_degree_str Master's
title Guidelines on advance defences to hostile take-overs
title_full Guidelines on advance defences to hostile take-overs
title_fullStr Guidelines on advance defences to hostile take-overs
title_full_unstemmed Guidelines on advance defences to hostile take-overs
title_short Guidelines on advance defences to hostile take-overs
title_sort guidelines on advance defences to hostile take overs
topic Law
url http://hdl.handle.net/11427/40580
work_keys_str_mv AT murphyaja guidelinesonadvancedefencestohostiletakeovers