TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

asset lock-up [1 record]

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Filter results by subject field

Alphabetical list of terms

Record 1 2012-12-12

English

Subject field(s)
  • Commercial Law
  • Amalgamation and Partnerships (Finance)
CONT

In an asset lock-up the target agrees to sell, or grants an option to sell, a valuable corporate asset to a bidder. As a result of the sale, the company would be less attractive to a competing bidder.

Key term(s)
  • asset lockup

French

Domaine(s)
  • Droit commercial
  • Fusion, absorption et coparticipation (Finances)
DEF

Entente aux termes de laquelle la société cible accorde à l'acquéreur éventuel le droit d'acheter des éléments d'actifs de son patrimoine, de manière à protéger la transaction projetée et à décourager les offres inamicales.

Spanish

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© Public Services and Procurement Canada, 2024
TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
A product of the Translation Bureau

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