Explain, in relation to the takeover process, how the provisions in the Corporations Act concerning compulsory acquisitions operate – why do you think the Act enables bidders to compulsorily acquire?

Topic:Explain, in relation to the takeover process, how the provisions in the Corporations Act concerning compulsory acquisitions operate – why do you think the Act enables bidders to compulsorily acquire?

Please explain the compulsory acquisition operate and give the relevant law. The law must based on Australia Corporation Act 2001 only. And you can use provide one or two case to explain how the corporation act concerning compulsory acquisition operate.

Secondly, explain why you think the Act enable the bidders to compulsorily acquire. please give at least 3 reason and explain with case.

About the Australia Corporation Act 2001 you can go to http://austlii.edu.au to find it. and the reference must have one from this.

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