Squeeze-out: Difference between revisions
(Create page - source - UK Companies Act Section 979 - https://www.legislation.gov.uk/ukpga/2006/46/section/979) |
(Add link.) |
||
Line 25: | Line 25: | ||
* [[Sell-out]] | * [[Sell-out]] | ||
* [[Squeeze]] | * [[Squeeze]] | ||
* [[Takeover offer]] | |||
* [[Treasury]] | * [[Treasury]] | ||
Line 31: | Line 32: | ||
*[https://www.legislation.gov.uk/ukpga/2006/46/section/979 UK Companies Act 2006 - Section 979 - Right of offeror to buy out minority shareholder] | *[https://www.legislation.gov.uk/ukpga/2006/46/section/979 UK Companies Act 2006 - Section 979 - Right of offeror to buy out minority shareholder] | ||
*[https://www.legislation.gov.uk/ukpga/2006/46/contents UK Companies Act 2006 - text] | *[https://www.legislation.gov.uk/ukpga/2006/46/contents UK Companies Act 2006 - text] | ||
[[Category:Accounting,_tax_and_regulation]] | [[Category:Accounting,_tax_and_regulation]] | ||
[[Category:The_business_context]] | [[Category:The_business_context]] |
Latest revision as of 00:39, 12 August 2024
1. Treasury - corporate finance - company law - minority shareholders - UK.
Under UK company law, the rules relating to squeeze-outs are designed to protect dissenting / minority shareholders, while balancing the interests of the company as a whole.
In a takeover, if the buyer gets 90% or more acceptances of their offer, the buyer can then compulsorily acquire the remaining shares at the same buyout price.
This is known as a "squeeze-out" of the dissenting minority (UK Companies Act 2006 - Section 979).
There is a corresponding rule in favour of the minority shareholders under UK company law, known as a "sell-out".
2. Treasury - corporate finance - company law - minority shareholders.
Similar rules in other jurisdictions, differing in their details.
See also
- Company law
- Corporate finance
- Economics
- Financial markets
- Jurisdiction
- Minority interest
- Sell-out
- Squeeze
- Takeover offer
- Treasury