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GLOSSARY
Reverse takeover (Code definition) definition
Published by a LexisNexis Corporate expert
What does Reverse takeover (Code definition) mean?
A transaction where an offeror might as a result need to increase its existing issued voting equity share capital by more than 100%. The definition is of relevance only in circumstances where the offeror is a company that falls within Section 3(a)(i) or (ii) of the Introduction.
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