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Posts tagged National Instrument 62-104.

Canada’s takeover bid regime was overhauled in 2016, with the intention of rebalancing the dynamics among offerors, target boards, and target shareholders (the “New Takeover Regime”). The New Takeover Regime comprises three key elements:

  • bids must remain open for a minimum of 105 days (unless the target board reduces the period - to a minimum of 35 days - or enters ...
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