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Timeframe of the takeover process(australia)? Please look at the attachment Full question: Provide a summary (in your own words) of the takeover process, include details

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Timeframe of the takeover process(australia)?

Please look at the attachment

image text in transcribed Full question: Provide a summary (in your own words) of the takeover process, include details of parties, documents and timeframes. 20 marks Currently on 'timeframes' part. (It is based on Australian legislation) Length of answer: anything worth 5 marks I've written so far(but not confident about it): The bidder must present a copy of his statement (bidder's statement) and an offer document to the target once it is lodged with ASIC or in 12 days. Bidder's statement is then to be dispatched to the target shareholders during 3 day period within 14 to 28 days after the bidder's statement is sent to the target

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