收購溢價 的英文怎麼說
中文拼音 [shōugòuyìjià]
收購溢價
英文
acquisition premium-
The purchase, at hk $ 6. 14 per share, was 14 per cent higher than china oriental ' s last traded share price of hk $ 5. 40 and makes arcelormittal the second largest shareholder in the company
此次收購價格合每股6 . 14港元，較東方集團5 . 40港元的最近交易價格有14 %的溢價，從而使阿塞洛-米塔爾成為該公司第二大股東。One hand, offerors often abuse their preponderances to discriminate, coerce and elbow out minor shareholders, although they provide the opportunity of transferring shares at a high price for minor shareholders ; on the other hand, even this opportunity may be probably plundered by virtue of anti - takeover measures implemented by target corporation. minor shareholders " interests take a lot risks and is endangered by uncertainties during the tender offer and anti - takeover
而少數股東始終處於弱勢地位，一方面盡管收購者為目標公司的股東提供了高價出售股票的機會，但在交易中他會經常利用某種優勢歧視、逼迫、排擠少數股東；另一方面目標公司所採取的反收購措施也極有可能使中小股東坐失出售股票獲得高溢價的良機。In the future, some say, china ' s m & a market will become more rational, with premiums declining from stratospheric levels
一些人認為，中國的並購市場今後將變得更加理性，收購溢價將從目前的天價水平降下來。In practice, however, mr mcvey argues that investors, particularly fund managers, are only too happy to accept a bid premium from a private - equity group
可麥克維認為，在實際中投資者，特別是基金經理人，都只會高高興興地接受私人股本集團提出的收購溢價。This is evidenced in both the relatively low priority that managers give to shareholder value and the high bid premiums required to take over a company
巨大的容忍區是有的，這表現在經理們對股東的價值給予相對低的優先級，收購一個公司時極高的收購溢價就證明這一點。Private equity groups are clinching deals that have relatively small takeover premiums to their targets ' recent share price highs, a survey will reveal today, adding weight to complaints that investors are being short - changed in leveraged buy - outs
一項調查今天將顯示，私人股本集團在近來敲定的交易中，只支付了較目標公司近期股價高點相對較低的收購溢價，這為人們的抱怨增加了砝碼，即：投資者在杠桿收購中所得到的好處被打了折扣。Therefore, controlling shareholders shall bear more duties than minority shareholders. part three : firstly, it examines the disclosure standards are based on the principles that all shareholders be treated equally. adequate relevant information is made available on a timely base to shareholders
第一部分：上市公司收購的法律內涵及其價值取向；第二部分：控股股東的權利與義務，即控股股東對控股股份出售溢價的享有及其謹慎義務。Minority shareholders " interest protection should be greatly emphasised in the acquisition by agreement, and the western countries such as the united states successfully set up a lot of rules to achieve that goal, which can benefit us a lot. firstly, before the controlling shareholder decides to sell his control, he has the responsibility to carefully investigate the purchaser in case the company will be looted later, and the controlling shareholder should be liable for his negligence of this. secondly, generally speaking the control premium is owned by the controlling shareholder and can only be shared by other shareholders in relatively restricted situations. finally, mandatory tender offer system enables the minority shareholders to sell their shares at a fair price when there is a sale of control, and this goal can only be achieved by setting strict and sound rules to govern the contents the offer especially in the price and the number of shares to be qcquired
首先，控股股東出讓其股份時應當承擔適當謹慎的義務來對收購者進行相關的調查，以避免股份受讓者將來對公司進行「掠奪」 ，如果該控股股東未盡到此項義務而造成公司遭受「掠奪」則應當承擔相應的損害賠償責任。然後，公司控制權交易中所產生的「控股溢價」原則上應該歸控股股東所享有，只有在少數情況下才由全體股東共同享有。最後，強制性收購要約制度是在公司控制權發生轉移后所賦予中小股東的退出該公司的機制，但是只有對此項制度進行完整、嚴格的規定才能達到保護中小股東利益的立法目的。We should, according to the ways of takeover, define the role and actions of the controlling shareholders of target company to stipulate the concrete content of the fiduciary duty of the controlling shareholders of target company : trust duty consists of proper investigation duty and information disclosure duty ; faithful duty mainly includes restriction of interrelated deal and forbidding the cooperate action with impure motives in takeover by agreement, forbidding squeeze ? out takeover with evil will and forbidding the controlling right in unfairly high price. stipulating the corresponding civil law regulation to the controlling shareholders ’ violation to the fiduciary duty is the valid legal guarantee to the cooperation ’ s interests and other minor shareholders ’ interests and rights, mainly in two ways : precautionary system and the system after violation
我國上市公司收購類型主要是協議收購和要約收購，其中以協議收購為主，應以此鎖定目標公司控股股東的角色和行為，設定其對公司和少數股東的誠信義務內容:注意義務在公司收購中主要表現為合理調查義務和信息披露義務;忠實義務在協議收購中主要表現為限制關聯交易和禁止動機不純的公司行為，在要約收購中主要表現為禁止惡意排擠式收購和禁止不正當溢價出讓控制權。分享友人