Posted by Carpophorus > 2020-03-04 11:20 | Report Abuse

Someone was looking at some tiny listed companies, and asked me how much it would take to have controlling stakes in some of these companies, without triggering mandatory offer. I have no idea. Anyone knows? Percentage-wise, can an investor be the controlling stakeholder if he buys up about 30% of the target company in the open market? Some of these have so small market cap that they can easily be 'taken over;, he said.