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IV.ACQUISITION OF SHARES THAT TRIGGERS MANDATORY BID

1.Acquisition of 25 % or More of the Capital and the Voting Rights of a Corporation or Without Being Subject to This Percentage Acquisition of Shares Controlling the Management of the Corporation

A- Acquisition of 25 % or More of the Capital and the Voting Rights of a Publicly Held Corporation

In the provisions concerning the mandatory tender offers, the obligation to make…

3.Strict Interpretation of Mandatory Tender Offer Rules
B- Acquisitions of Shares That Grants Management Control of the Publicly Held Corporation