Share schemes and takeovers
Article Abstract:
The proposed takeover of a company will have implications for the holder of stock options within the target company. Holders of share options may be permitted to change their options for some in the bidding company. Bidders would therefore be required to offer less cash for the target company. Some bidders choose to offer cash for options but option holders who surrender their options will be required to pay income tax. The Takeover Code specifies option holders should be treated equally with other shareholders and therefore should also receive an offer document.
Publication Name: Acquisitions Monthly
Subject: Business, international
ISSN: 0952-3618
Year: 1997
User Contributions:
Comment about this article or add new information about this topic:
Automatic for the people: Gunther Artner and Marcus Basalka describe the sale of IFE, and Austrian producer of automatic door systems for the public transport market
Article Abstract:
CA IB Investment-bank (CAIB) successfully advised on the sale of a 75% controlling stake in Austrian IFE, held by Heid of Austria and the German Rothenberger family. IFE is a leading producer of automatic doors systems for the public transport market in Europe. It was facing declining expenditures in the saturated European public transportation markets in 1994, and the Germany Rothenberger Group decided to divest it along with other non-core businesses.
Publication Name: Acquisitions Monthly
Subject: Business, international
ISSN: 0952-3618
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Search-hide games on trees. A linear approximation method for solving a special class of the chance constrained programming problem
- Abstracts: Small wonders: for the past four years, they've been the stockmarket starts and the leaders in their market sectors. They may not be big, but they'r clever
- Abstracts: Market research with women in the Arab Gulf countries. Strategic use of trends in the youth market
- Abstracts: The hierarchical network design problem with multiple primary paths. Scheduling of design projects with uncertain number of iterations
- Abstracts: Evaluating naval tactical missile systems by fuzzy AHP based on the grade value of membership function. Evaluating attack helicopters by AHP based on linguistic variable weight