This applies regardless of whether or not the identity of the offeror has been disclosed in the aforementioned announcement, he said. |
The premium is significantly below that which we would normally expect where an offeror is intending to privatise or increase its controlling stake in a listed company. |
Once the offeree has embarked upon a course of performance leading ultimately to a completed act of acceptance the offeror cannot withdraw the offer. |
A mere mental operation, or an attempted acceptance, not communicated to the offeror, does not constitute a legal acceptance. |
The applicant claimed that the offeror had not filed evidence regarding the Canadian status of the remaining three vessels. |
The offeror may stipulate in his offer by letter, that the contract shall not be made until he is in receipt of a reply. |