A holder of voting shares covered by an offer that has not accepted the tender may require the tenderer to acquire its shares if, at any time before the expiry of the deadline for submission: 5.6 The rights, benefits, liabilities and liabilities contained in the terms of this share transfer agreement may be transferred by any party with the prior written consent of the other party. In the case of listed companies, the tenderer shall announce the offer by means of a press release within twenty-four hours of the decision of the Board of Directors and shall send a Memorandum of Understanding to the target undertaking, the stock exchange on which the shares are listed, the CMA and the CAK. The Companies Act, Section 611, entitled „Squeeze in and Sell out“, provides that a bidder who has acquired more than 90% of the shares offered for sale following the acceptance of his offer or who has imposed the purchase unconditionally may inform the remaining shareholders of his intention to acquire their shares. Three months ago, Equity Holdings announced that it had entered into discussions with certain shareholders of BanquĂ© Commerciale du Congo (BCDC) to buy a majority stake in the Congolese bank and thus intensify its expansion into Africa. In addition, the tenderer`s board of directors must appoint an independent adviser if the takeover bid is a reverse takeover. . . .