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عمومی::
معافیت
(i) Dispensation from the 'Highest Price' Rule
The Takeover Code does not go that far, but still provides for a dispensation of the highest price rule subject to the approval of the Panel and
it is more likely that in order for the market fluctuations to justify dispensation from the highest price rule, they should be completely
Of course, there are a number of dispensations of the mandatory offer rule on grounds of practical considerations.
For example, the Panel may not require a mandatory offer if a person incurs such an obligation due to an inadvertent mistake.83 Dispensations from the requirement to make a mandatory offer are also provided to allow for certain types of market and business practices to operate, such as shares underwriting,84 enforcement of security
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