Global investor group ICGN urges Korea to revise proposed mandatory takeover offer rules

Detailed summary

A global investor group has urged South Korea's Parliament to revise the proposed mandatory takeover offer rules, warning that the current framework could fail ...

(Courtesy of Getty Images) South Korean and foreign asset management firms have expressed opposition to South Korea’s proposed 50%-plus-one-share mandatory tender offer regime, arguing that the new framework would discriminate against minority shareholders in favor of controlling sharehol

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