friendly takeover

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Noun1.friendly takeover - a takeover that is welcomed by the management of the target company
takeover - a change by sale or merger in the controlling interest of a corporation
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References in periodicals archive ?
Alamos Gold is proposing a friendly acquisition of Richmont Mines' flagship Island Gold Mine in a $933-million all-stock deal.
7-billion friendly acquisition of Veresen by Pembina Pipeline stands to improve chances the LNG project will proceed.
According to SPG, it made multiple attempts to discuss a proposed friendly acquisition with Macerich leaders--"including meetings in December 2014 and February 2015 following the disclosure of our investment in November," said David Simon, SPG's chairman and chief executive officer.
BC Iron, which has a 75% interest in the Nullagine iron-ore joint venture in the Pilbara region of Western Australia, entered into a friendly acquisition agreement with Iron Ore Holdings Ltd.
He would be a cap friendly acquisition and young enough to develop for the future when Bryant eventually calls it a career," (http://nbaarena.
In addition Popoff is a principle founder in Vitruvian Acquisitions Ltd, a private capital firm that seeks to assist business owners of well established SMEs into retirement through the friendly acquisition of their shares.
That brings the friendly acquisition bid to the government's doorsteps, which is expected to make its decision sometime in November according to regulations, unless the expected deal gets into the political wrangling and a public hearing is called for.
The friendly acquisition scheme represents "an effective and efficient" deal for Dai-ichi Life with minimized executive and post-deal management risks, the group said.
The deal marks the latest in a recent string of foreign takeovers of Canadian companies, including a bid for Nova Chemicals by Abu Dhabi's International Petroleum Investment Co, friendly acquisition of Bow Valley Energy by Britain's Dana Petroleum and a hostile play for UTS Energy Corp by Total of France.
The tone was set in October 2006, when Catlin unveiled a 591 million [pounds sterling] friendly acquisition of rival Wellington, to create the largest single syndicate.
Steel Partners Japan Strategic Fund on Thursday proposed negotiations for the friendly acquisition of a 66.
But this friendly acquisition gives IBM the long-term control it wants over the technology.