The phrase "acquisition of asset" is correct and usable in written English.
It can be used in contexts related to finance, business, or accounting when discussing the process of obtaining an asset.
Example: "The acquisition of asset is a crucial step in expanding our company's portfolio."
Alternatives: "purchase of asset" or "procurement of asset".
SKNL North America and Emerisque Brands announced Friday that they had completed the acquisition of assets of the bankrupt suit maker Hartmarx and formed the new Hartmarx Operating Company.
The term "extraordinary transactions" is generally defined to include any tender or exchange offer, merger, consolidation, acquisition, scheme, arrangement, business combination, recapitalization, reorganization, sale or acquisition of assets, liquidation, dissolution or other extraordinary transaction involving the company.
Lucas Van Praag, a spokesman for Goldman Sachs, said the bank had no immediate plans to raise more capital, although it could do so to finance the acquisition of assets it viewed as attractive.
And there were two reasons: It was an acquisition of assets and, second, Delta fired all the people at Western excepting the operating people -- the pilots, flight attendants, mechanics and so on.
Park used some of the money to finance the acquisition of assets from other banks, expanding its own balance sheet and potentially increasing the cost of its eventual failure.
For example, we have a fully fledged company, a publicly held company in the Middle East that goes for assets, acquisition of assets in the southern hemisphere.
What's more certain is that the Thailand-based group is getting a running start with the acquisition of assets from four-year-old Zalora.
A shareholder revolt forced Indian software giant Satyam Computer Services to swiftly backpedal on a $1.6 billion acquisition of assets linked to Satyam's founder and family members.
Such savings can be quite useful in the lives of the poor people as once a large amount is accumulated together, this can finance acquisition of assets, construction of houses, and more importantly, starting up community-based enterprises.
"With the recent acquisition of assets from Pebble, Vector Watch and Coin, we are taking action to position the company for long-term success".
