friendly takeover


Also found in: Thesaurus, Financial, Encyclopedia, Wikipedia.
Related to friendly takeover: hostile takeover, Friendly Merger, Hostile Acquisition
ThesaurusAntonymsRelated WordsSynonymsLegend:
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
Mentioned in ?
References in periodicals archive ?
France-based consulting, IT services and digital transformation specialist Capgemini (Euronext Paris: CAP) and engineering and R and D services provider Altran Technologies (Euronext Paris: ALT) have entered into an agreement for exclusive negotiations whereby Capgemini is to acquire Altran, through a friendly takeover bid at EUR 14.00 per Altran share, payable in cash, the companies said.
It was the largest ever friendly takeover of a U.S.
Nevsun Resources announced that it has been advised by Zijin Mining Group that Zijin has completed the Chinese State Administration of Foreign Exchange, or SAFE, registration and received the Canadian Investment Canada Act, or ICA, approval for Zijin's proposed friendly takeover bid of Nevsun.
is strengthening its supply chain for California concrete customers through a friendly takeover of Toronto Stock Exchange-traded Polaris Materials Corp.
French oil company Total SA filed a tender of a friendly takeover of battery maker Saft Groupe SA with the French Financial Markets Authority (AMF), the two companies announced in a joint statement Monday.
Kinross acquired the Fruta del Norte project in September 2008 when it acquired Aurelian Resources in a friendly takeover valued at $1.2 billion.
Siemens has agreed a deal value at $7.6bn to acquire Dresser-Rand by way of a friendly takeover bid.
Brian Roberts, Comcast chairman and CEO, said the friendly takeover will create "synergies" that will allow the company to save $1.5 billion per year and "deliver the most innovative products and services and a superior customer experience."
The friendly takeover comes as a surprise after months of public pursuit of Time Warner Cable by smaller rival Charter Communications, and immediately raised questions as to whether it would pass the scrutiny of anti-trust regulators.
Vancouver mine builder New Gold made a $310-million bid in May to acquire all of the outstanding common shares of Rainy River Resources in a friendly takeover bid of its advanced gold project in northwestern Ontario.
Market analysts say that the offer has a good chance of getting the go-ahead from the EU executive, since it is a friendly takeover and does not pose any significant competition problems.