Rules Governing the Substantial Acquisitions of Shares

Rules Governing the Substantial Acquisitions of Shares
A set of rules governing the circumstances in which a holding of 15% to less than 30% in a listed or AIM company ( listed company; AIM) may be obtained. The main purpose of the rules, which are policed by the Takeover Panel, is to prevent dawn raids in a listed or AIM company from taking an investor's holding to 15% or more. Dresdner Kleinwort Wasserstein financial glossary

Financial and business terms. 2012.

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  • The Rules Governing the Substantial Acquisitions of Shares — A set of rules governing the circumstances in which a holding of 15% to less than 30% in a listed or AIM company ( listed company; AIM) may be obtained. The main purpose of the rules, which are policed by the Takeover Panel, is to prevent dawn… …   Financial and business terms

  • Rules Governing Substantial Acquisitions of Shares — (SARs) The former rules issued by the Panel on Takeovers and Mergers (Panel) which were designed to restrict the speed with which a person could acquire shares (or rights over them) in a company that would give an aggregate holding of between 15% …   Law dictionary

  • Mergers and acquisitions in United Kingdom law — refers to a body of law that covers companies, labour, and competition, which is engaged when firms restructure their affairs in the course of business. Contents 1 Company law 1.1 Scheme of arrangement 1.2 Reconstructions …   Wikipedia

  • SARs — See (The) Rules Governing the Substantial Acquisitions of Shares. Dresdner Kleinwort Wasserstein financial glossary …   Financial and business terms

  • Takeover — This article is about the business term. For Takeover, see Takeover (disambiguation). For the science fiction series, see Hostile Takeover Trilogy . In business, a takeover is the purchase of one company (the target) by another (the acquirer, or… …   Wikipedia

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