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What is a creeping tender offer?

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Question added by Shameer Nazir Madari , Assistant Finance Manager , METAL AND RECYCLING COMPANY K.S.C. (PUBLIC)
Date Posted: 2016/04/25
Anas Nasry
by Anas Nasry , MEP Project Manager , AL-Ittihad Electro

It is the gradual acquisition of the target company shares.

It is the shares purchase at financial markets rather than direct bid to the shareholders 

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