Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Are minority shareholders protected against a company takeover?

April 26, 2017COMPANY minority protected Shareholders Takeover

0

Posted

Are minority shareholders protected against a company takeover?

1 Answer

0

Posted

Chilean law N°18.045 establishes certain mechanisms to protect minority shareholders during operations involving a change in control. Basically, the law requests the new potential controller to purchase the shares owned by the remaining shareholders either in total or at pro rata on those cases in which the controlling party would receive a premium price for its stock.