Definition of offer document in English:

offer document


  • A document containing details of a takeover bid which is sent to the shareholders of the target company.

    • ‘The exposure to equity instruments has been maintained below 40 per cent as per the investment objective stated in the offer document.’
    • ‘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.’
    • ‘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.’