A document containing details of a takeover bid which is sent to the shareholders of the target company.
Example sentencesExamples
- If shareholders ignore the offer document the money which they are due will be held in an escrow account unclaimed.
- The exact size of the shareholdings will be revealed in the offer document, which is due to be sent to shareholders within 28 days.
- The exposure to equity instruments has been maintained below 40 per cent as per the investment objective stated in the offer document.
- With the result confirmed as expected Valentia will post the offer document to the shareholders this Friday.
- This process would begin once the offerer posts the offer document to shareholders outlining all details of the bid and requesting shareholders to indicated their acceptance.