Sentence examples for takeover currency from inspiring English sources
Maybe it has plans to use CLA's shares as takeover currency?
The Chinese offer is in cash the shares even of a well-run Chinese firm are not yet acceptable as takeover currency.It is no surprise that China wants Unocal.
But when he's armed with a new takeover currency, watch out.
But once he's armed with a new takeover currency, shareholders will expect him to deliver.
Far more important were the explosion of M&A and the rise of institutionally dominated equity markets, which made the case for shareholder value and control (there is an entire sub-theme here on the role of debt, particularly after Paul Volcker wrung out inflation in 1981, and which featured Michael Milken and the use of junk bonds as takeover currency).
The former Greek finance minister Yanis Varoufakis revealed that after taking office, he assembled a group, with the consent of Greece's prime minister, Alexis Tsipras, that met in secret to prepare the introduction of a parallel currency and the takeover of Greece's central bank – effectively an exit (or "Grexit") from the eurozone.
The sell-off has particularly troubling implications for Pacific Century, which is using its stock as currency to finance a takeover of Hong Kong's dominant telephone company, Cable and Wireless HKT.
The weak dollar also hurt Airbus, lopping $1.1 billion off its revenues (aircraft are traded in the currency).Google completed its takeover of DoubleClick, first announced last April, after the EU's competition commissioner gave her approval.
Crédit Agricole is still largely a mutual company owned by its customers, but last year it placed some assets in a subsidiary whose stock trades publicly, in part to create a stock "currency" to use in takeovers.
Pfizer was offering an unreliable currency, and its past takeovers – Warner Lambert, Pharmacia and Wyeth – did not inspire confidence that the best way to pursue value was yet another round of cost-cutting.
High stock prices encourage investors to pour money into private equity funds and give CEOs the incentive and currency to prowl for takeovers.
