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ICGN Urges South Korea to Revise Mandatory Tender Offer Bill

A global investor organization whose member institutions oversee more than $100 trillion in assets has called for a comprehensive review of the mandatory tender offer system being advanced in South…

  • ICGN urges South Korea to revise mandatory tender offer bill.
  • Proposed 50% plus one share threshold may not adequately protect minority shareholders' rights.
  • ICGN recommends acquirers purchase all remaining shares for equal treatment.

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