Regulatory Alerts2017-04-01
Added · Updated
Capital Market Takeover Regulations No. 10, 2012
The Capital Markets Authority of Rwanda issued Regulations No. 10 of 2012 to establish a regulatory framework for takeover offers on the capital market. The regulations mandate fairness and equity by requiring equal treatment of all shareholders within the same class regarding consideration and information disclosure. They further define persons acting in concert and prohibit private agreements with special conditions that are not extended to all shareholders without prior Authority consent.
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