Partial Offer definition

Partial Offer means the pre-conditional voluntary partial cash offer to be made by ▇.▇. ▇▇▇▇▇▇ Securities (Asia Pacific) Limited on behalf of the Offeror to the shareholders of KLN to acquire 931,209,117 KLN Shares on the terms and conditions set out in the Joint Announcement;

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Partial Offer means the pre-conditional voluntary cash partial offer by

Partial Offer means the pre-conditional voluntary cash partial offer by BofAML and Morgan Stanley on behalf of the Offeror to the Qualifying Shareholders, to acquire up to 242,136,536 Shares (representing approximately 10% of the issued share capital of the Company as at the Latest Practicable Date) at HK$12.70 per share, which has been subsequently amended by the Revised Binding Proposal;

Examples of Partial Offer in a sentence

• The Brand Licence Agreements constitute a special deal in relation to the Partial Offer under Rule 25 of the Takeovers Code and requires the consent of the Executive.

• The Warehouses Management Agreements constitute a special deal in relation to the Partial Offer under Note 4 to Rule 25 of the Takeovers Code and requires the consent of the Executive.

• The issuance of this announcement and the entering into of the Special Deal Agreements does not in any way imply that the Partial Offer will become unconditional.

• In connection with the Partial Offer, the Warehouses Sale Agreement would allow the Company to reposition itself as an asset-lighter business.

• Given the reasons and benefits of the Partial Offer, the Board (excluding the members of the LR Independent Board Committee and the Code Independent Board Committee whose view will be given after having been advised by the Independent Financial Adviser) considers that the Taiwan Business Sale is in the interests of the Company and its Shareholders as a whole.

More Definitions of Partial Offer

Partial Offer means an offer made to holders of a class of securities of a relevant company to acquire some but not all of the securities of that class;

Partial Offer means the partial offer to be made by or on behalf of the Offeror to acquire the Offer Shares substantially on the terms and subject to the conditions set out in the Announcement, and shall include any new, increased, renewed or revised offer made by or on behalf of the Offeror to acquire Shares, provided that the terms and conditions of such offer are no less favourable to holders of Shares than the terms and conditions set out in the Announcement;

Partial Offer has the meaning ascribed to it in Recital (F), subject further to the interpretation under Clause 1.7(d);

Partial Offer. ’ means the pre-conditional voluntary cash partial offer by Nomura on behalf of the Offeror to the Qualifying Shareholders to acquire a maximum of 326,250,000 Shares (representing 75 per cent. of the issued share capital of the Company) at the Offer Price and any subsequent revision or extension of such offer as set out in Part A of Appendix I to this circular;

Partial Offer means an offer for less than one hundred per centum of the voting rights of an offeree company;

Partial Offer means the pre-conditional voluntary cash partial offer to be made by CLSA Limited on behalf of the Joint Offerors to the Qualifying Shareholders to acquire a maximum of 80,000,000 Offer Shares on the terms and conditions set out in the Announcement and to be set out in the Composite Document, and in compliance with the Takeovers Code;

Partial Offer means the pre-conditional voluntary cash partial offer by Nomura on behalf of the Offeror to the Qualifying CHB Shareholders to acquire a maximum of 326,250,000 CHB Shares (representing 75% of the issued share capital of CHB) at the Offer Price and any subsequent revision or extension of such offer;