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SWIFT ISO 15022 - Code SQUE

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Financial acronyms

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 Meaning

  • Squeeze Out Bid: Offer launched by a company, in possession of a large number of the shares (90% - 95%) of a company (generally as a result of a tender offer), in order to acquire the remaining shares of that company.

 Usages

Message type
Field number
Tag
MT564
(Corporate Action Notification)
51
22F (Indicator)
MT564
(Corporate Action Notification)
57
22F (Indicator)
MT566
(Corporate Action Confirmation)
37
22F (Indicator)