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          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.

          Provisions expressly mentioned in the judgment/order text.

          <h1>Competing offers: rival acquirers may announce matching open offers within a prescribed period, with synchronized tendering timelines.</h1> Competing offers permit a rival acquirer to make an open offer within a prescribed period after the first acquirer's detailed public statement; such competing offers must, together with the rival acquirer's concert party holdings, equal at least the first acquirer's holding inclusive of proposed acquisitions and underlying sale agreements. Competing offers are not voluntary offers, are regulated identically to the first offer, require synchronized timelines and tendering periods, bar new announcements after the prescribed period until expiry of the offer period in certain categories, and allow preceding acquirers to revise terms upward to favor target shareholders.

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