单词 | Offeree company |
释义 | 目標公司/受要約公司/要約標的公司 In relation to a takeover offer, a corporation for which an offer is made in accordance with the Code on Takeovers and Mergers: Securities and Futures (Fees) Rules (Cap 571AF) s 4. [R1] The board of the offeree company which receives an offer, or is approached with a view to an offer being made, should, in the interests of shareholders, retain an independent financial adviser to advise the board as to whether the offer is, or is not, fair and reasonable: Rules 2.1, The Code on Takeovers and Mergers, Securities and Futures Commission, February 2002. The board has the primary responsibility for making an announcement, and therefore must keep a close watch on its share price and volume: Rule 3.2. Relevant information relating to the offeree company, including particulars of shareholders, given by the offeree company to an offeror should, on request, be furnished equally and promptly to any other bona-fide potential offeror: Rule 6. Also known as ‘target corporation’ or ‘target firm’. See also Takeover announcement; Takeover offer. |
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