A creeping takeover allows the acquisition of no more than 6 per cent of a target company's shares every six months,provided that the threshold level of 19 per cent has been maintained for at least six months.

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A creeping takeover typically refers to the gradual acquisition of a target company's shares over time, but the specific percentages and time frames can vary by jurisdiction and are not universally set at the percentages and durations mentioned.

A Creeping Takeover Allows the Acquisition of No More Than