TERMIUM Plus®

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OPA AMICALE [1 record]

Record 1 2010-06-17

English

Subject field(s)
  • Commercial Law
  • Investment
CONT

Takeover bids may be classified as "friendly" or "unfriendly", depending on the reaction of the target's management. A friendly takeover bid is uncontested by the target, which will issue a directors' circular indicating the support of the offer.

OBS

Compare to "hostile takeover bid".

French

Domaine(s)
  • Droit commercial
  • Investissements et placements
DEF

Offre publique d'achat d'une participation déterminante dans une société, faite avec l'accord des dirigeants ou des actionnaires de cette société.

Spanish

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