Full Text Available
Note: Clicking the button above will open the full text document at the original institutional repository in a new window.
The feasibility of hostile take-overs In South Africa
Mini Dissertation (LLM) University of Pretoria, 2019.
Saved in:
| Other Authors: | |
|---|---|
| Format: | Thesis |
| Published: |
University of Pretoria
2020
|
| Subjects: | |
| Tags: |
No Tags, Be the first to tag this record!
|
| _version_ | 1867613486600683520 |
|---|---|
| access_status_str | Open Access |
| author2 | Joubert, Tronel |
| author_browse | Joubert, Tronel |
| author_facet | Joubert, Tronel |
| collection | Thesis |
| dc_rights_str_mv | © 2019 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria. |
| description | Mini Dissertation (LLM) University of Pretoria, 2019. |
| format | Thesis |
| id | oai:repository.up.ac.za:2263/73026 |
| institution | University of Pretoria (South Africa) |
| last_indexed | 2026-06-10T12:36:55.109Z |
| license_str | Other — see source repository |
| provenance_str_mv | Harvested via OAI-PMH from UPSpace — University of Pretoria Institutional Repository |
| publishDate | 2020 |
| publishDateRange | 2020 |
| publishDateSort | 2020 |
| publisher | University of Pretoria |
| publisherStr | University of Pretoria |
| record_format | dspace |
| source_str | UPSpace — University of Pretoria Institutional Repository |
| spelling | oai:repository.up.ac.za:2263/73026 The feasibility of hostile take-overs In South Africa Joubert, Tronel Rathelele@gmail.com Masipha, Rathelele Bernard UCTD Take-Over Law Mini Dissertation (LLM) University of Pretoria, 2019. Since the dawn of democracy, South Africa has had ostensibly all of the essential elements that are assumed to be sufficient for a country to develop an active market for hostile takeovers, in other words dispersed shareholder ownership, depressed shareholding, and a United Kingdom- or United States-inspired regulatory framework. This has not gone unnoticed. But even with this essential element a wave of hostile takeovers has never hit South Africa. Renewed excitement surrounding hostile takeovers has been revived by the attempted takeover of Murray & Roberts by Aton. The conspiracy stalled when the bid was challenged by the independent board of directors of Murray & Roberts at the Takeover Regulation Panel (TRP) and opposed by the Competition Commission. It appears as if Murray & Roberts successfully defended the hostile takeover by Aton, thereby continuing the narrative that hostile takeovers seldom succeed in South Africa, which raises questions about the feasibility of hostile takeovers in South Africa. This is the enigma of hostile takeovers in South Africa which the study seeks to examine. The research argues that, by applying abstract theories derived from the Anglo- American experience, most outside observers have neglected to properly account for local, idiosyncratic, South African factors that have stifled the market for corporate control in South Africa. Mercantile Law LLM Unrestricted 2020-01-30T11:10:15Z 2020-01-30T11:10:15Z 2020 2019 Dissertation Masipha, RB 2019, The feasibility of hostile take-overs In South Africa, LLM Dissertation, University of Pretoria, Pretoria, viewed yymmdd <http://hdl.handle.net/2263/73026> A2020 http://hdl.handle.net/2263/73026 © 2019 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria. application/pdf University of Pretoria |
| spellingShingle | UCTD Take-Over Law The feasibility of hostile take-overs In South Africa |
| title | The feasibility of hostile take-overs In South Africa |
| title_full | The feasibility of hostile take-overs In South Africa |
| title_fullStr | The feasibility of hostile take-overs In South Africa |
| title_full_unstemmed | The feasibility of hostile take-overs In South Africa |
| title_short | The feasibility of hostile take-overs In South Africa |
| title_sort | feasibility of hostile take overs in south africa |
| topic | UCTD Take-Over Law |
| url | http://hdl.handle.net/2263/73026 |