Black Sheep Ltd is keen to takeover a competing business Bo Peep Ltd and is therefore considering its various options to do this.

Bo Peep Ltd is an unlisted public company.Black Sheep Ltd is listed and is quoted on the exchange.

Black Sheep Ltd can therefore make an_______off-market on-market either on-market or off-market bid for the holdings in Bo Peep Ltd.This offer may be_________ unconditional

conditional either unconditional or conditional.

The consideration paid to the shareholders of Bo Peep Ltd may be_________

cash

securities

combination of cash and securities