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offeror

   Also found in: Dictionary/thesaurus, Medical, Financial, Encyclopedia, Wikipedia 0.01 sec.

offeror n. a person or entity who makes a specific proposal to another (the offeree) to enter into a contract. (See: contract, offer, offeree)



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The Cyprus Securities & Exchange Commission (CySEC) has decided not to allow the publication of the Public Offer Document submitted by the major shareholder of Aqua Sol Hotels Public Company Ltd (AQS), Yiannis Panayi, for the acquisition of up to 100% of the Company due to the fact that on August 24 the Offeror proceeded with the acquisition of the CompanyeIUs shares from Blue Sea Overseas Investments (that is 19.
This resolution is based on the premises that, after the completion of Tender Offer, the Tender Offeror plans to make PENTAX into a wholly-owned subsidiary of HOYA CORPORATION and PENTAX's shares will be delisted from the Tokyo Stock Exchange.
The goal is to obtain an understanding of each offeror's capability to accomplish the work required by the government and thus to award a contract to the offeror providing the best value to the government.
 
 
 
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