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Terms for subject Common law Anglo-Saxon legal system containing compulsory | all forms | exact matches only
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compulsory acquisitionпринудительный выкуп акций (In the context of a UK takeover offer made on or after 6 April 2007, where a bidder obtains acceptances of at least 90% of the shares it is offering to buy in the target company (which is not the same as 90% of the total issued share capital) and acceptances of at least 90% of the voting rights carried by the shares it is offering to buy, it can require the remaining non-accepting shareholders to sell their shares on the terms of the offer by following the procedures in sections 974 to 991 of the Companies Act 2006. 'More)