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Article 75 Of Chapter 7
Section: Acquisitions and Protection ofMinority Interests

An Issuer whose Securities are the subject of an acquisition shall, within seven business days from receipt of the offer, submit a response to the Authority stating its opinion and recommendations to the shareholders.

 

* Article (75) is amended pursuant to Law No. 22 of 2015 Amending Some Provisions of Law No. 7 of 2010 regarding the Establishment of the Capital Markets Authority & Regulating Securities Activities.

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