A merger is an occasion when 2 or more companies join
together to form a larger company.
A bid is an offer by one company to buy another.
A joint venture is a business activity in which two or more
companies have invested together.
A stake is money risked or invested in a business.
A management buyout – MBO – is an occasion when a company’s
top management buy the company they work for.
A takeover is the act of getting control of a company by
buying over 50% of its shares.
Joint venture
Management buyout
Merger
Takeover/acquisition
Bid
Stake
Money risked or invested in a company
Two or more companies joining to form a larger company.
Offer money for shares in a company
When a company’s top executives buy the company they work
for
A business activity in which two or more companies have
invested together
Getting control of a company by buying over 50% of its
shares
Toshiba is a large conglomerate… that has acquired several corporations…
engaged in different industries.
It is also a multinational patnership…, asit has offices in
many different countries.
Toshiba recently formed a … with United Parcel Services to
design a more efficient repair process for laptop computers.
In 1987, Toshiba machine, a subsidiary… of Toshiba, was
accused of selling parts used to produce submarine propellers to the soviet
union.
A fund run by X is to take a stake in the parent of the US’s largest
port terminal operator in a deal that marks the end of the sector’s nearly
complete change in
ownership in the US over the past 18 months.
X, the industrial services group that has recently made acquisitions in P
and I, has $ 3m in a placing to finance further deals.
X, the Austrian oil and gas company, said on Monday that it
had increased its stake
in Y to 67% and call for friendly talks on a possible alliance with its Hungarian rival.
In May, U & Y affiliates agreed to form an alliance to cooperate on research and development,
patent sharing, procurement, cross-purchasing of panels and adopting common
industrial standards.
T, which made
a bid for I in 205 and acquire more than 89% of its shares, said last august that I would buy T Dutch
and Belgian operations to
merge the 2 companies.
The Thai government has approved the merger of 2 state banks with the local
unit of Singapore’s DBS in a move Bangkok hopes will be the first step towards consolidation of the
country’s financial sector.
The world’s fifth-biggest supermarket chain said it had
ended talks with O enterprises to set up a joint venture in India’s $ 145bn a-year retail
sector after discussion failed.
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BE 4 Unit 12 Merger & Acquisition
Pharmaceutical company
X has launched a bid
to acquire Y.
A, B, and C have made an alliance.
I have just written a book on how to make a successful acquisition.
X shareholders have rejected a bid by Carl.
D has been ordered to sell part of its stake in ITV.
China’s H group set up a joint venture with Taiwan’s CY.
F has taken
a 20% stake in R.
There are report that V plans to make an unnamed company for take over.
