tender offer 中文意思是什麼
tender offer
解釋
公開收購股份要約-
Legally, tender offer is the transaction of stock shares between offerors and the shareholders of target corporation, but which enshrouds the fact that major shareholders manipulate the deal. however, minor shareholders always find themselves in an unequal and disadvantageous position
要約收購雖然在法律關繫上表現為收購者與目標公司的股東雙方當事人所進行的股票交易行為，但在這種形式的背後則掩蓋著大股東操縱交易的事實。 -
Therefore, we should perfect the relative laws and regulations on tender offer, strengthen the protection to minor shareholders and equipoise the rights and obligations of all interested parties in tender offer and anti - takeover, so that the principles of " equity, fairness and openness " and " honesty and credit " are kept to effectively and economic and social benefits are aggrandized
特別是少數股東（中小股東）的利益在要約收購與反收購中處于極不確定的高風險的境地。因此，我們必須完善對公司要約收購的立法，強化對少數股東利益的保護，合理地平衡公司要約收購與反收購中各方的利益沖突，實現良好的經濟和社會效益。 -
Takeover offer for listed companies is the universal way to take over listed companies in modern company ' s system. in the process of taking over the listing company, minor shareholders are always in the inferior status. protection of minor shareholders " rights is an important value objective of system of takeover. how to standardize takeover offer for listed companies for protecting of minor shareholders benefit is the problem that legislation will solve and that should also be paid attention to on judicial practice. relatively typical type of takeover by offer appeared in capital market, the protection of minor shareholders ’ interests in the target company has become the purpose of legislation and added some protected measure of minor shareholders ’ interests, but the expected goal has not been achieved completely. so it is necessary to establish a perfect system to protest minor shareholders ’ interests in the target company. so we should learn more from precedent experience of legislation and perfect the relative laws and regulations on tender offer, strengthen the protection to minor shareholders, equipoise the rights and obligation of all interested parties in tender offer
中小股東合法利益的保護是要約收購制度的重要價值目標。如何規范上市公司要約收購，保護目標公司全體股東特別是中小股東的利益，既是立法要解決的問題也是司法實務中應當關注的問題。我國的資本市場上出現了較典型的要約收購方式，立法也以目標公司中小股東利益的保護為主要價值取向，創設了一些中小股東利益的保護措施，但從其運作效果來看，在要約收購中目標公司中小股東的利益仍未得到有效的保護。 -
If mittal manages to buy more than 50 % of arcelor shares by the time the tender offer expires, the severstal deal will fall through
如果米塔爾在標購到期之前能夠收購阿塞洛超過50 %的股票，阿塞洛與謝韋爾的合併案就會化為泡影。 -
The only effective way for arcelor shareholders to protest the proposed merger with severstal is to sell their shares to mittal by july 5th, when its tender offer expires
阿塞洛股東能夠阻止與謝韋爾鋼鐵合併案最有效的方式，就是在7月5日標購到期之前將手中持有的股票出售給米塔爾。 -
Institute sjms software will do the national budget, the use of sjms software, easily done using the budget sjms software, patrons can place mariners at home and abroad tender offer accurate, gives you confidence and perfect, make your giving
學會神機妙算軟體，會做全國預算，使用神機妙算軟體，輕輕鬆鬆做預算使用神機妙算軟體，足不出戶，可以輕松搞定國內外工程投標報價準確無誤，讓您信心十足，十全十美，讓您愛不釋手。 -
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。 -
Presently it is still arguable whether tender offer has benefited the offeror, target corporate and even the whole economy
至於要約收購是否對收購者、目標公司乃至整個經濟有利，目前仍是一個有爭議的問題。 -
Arvinmeritor said that this is its final offer, and that the company will terminate its tender offer at 5 p. m. ( est ) on tuesday, dec. 2, 2003, unless the dana board agrees to begin negotiating a definitive merger agreement by that date
阿文美馳說這是最後的報價，到2003年12月2日下午5時，如果德納董事會仍不能開始商談權威性的公司合併協議，阿文美馳將終止報價。 -
Tender offer as an approach of taking over company can be divided into friendly tender offer and hostile tender offer, but poison pill resulted from hostile tender offer
「毒丸」雖然仍在大多數美國公開公司中存在，但這與其成熟的公司市場分不開。 -
Talking on tender offer skills in the biding of construction
淺談施工投標中的編標報價技巧 -
The compilation skill on tender offer file
投標報價書的編制探討 -
Tender offer is a main form of listed company acquisition
要約收購則是上市公司收購的重要形式。 -
When referred to the manners of take - over, both have it ' s differently important aspect the main matter of the former is mat transaction of holding power will influence others " benefit, so we must normalize two parties " deed of transaction and improve independent board member system, for regulating tender offer, we must keep message open and equal treatment among shareholders, then we can improve system of part and compulsive tender offer
協議收購的主要問題在於控股權的轉讓行為會影響各相關主體的利益，應著重規范控股權轉讓方與受讓方的行為，並健全完善獨立董事制度；要約收購則應在確保信息公開與股東平等待遇的前提下，完善部分要約收購與強制要約收購制度。 -
Study on the application of communications mechanism of multi - agent cooperation system in tender offer and bidding
協作系統應用在招投標時的通信機制 -
Poison pill is known by the public after sina set up poison pill as defense tactic against shengda purchasing its stocks by tender offer, but in home there is no systemic study of poison pill
自盛大要約收購新浪股票，新浪設置「毒丸」作為反收購措施以來。 「毒丸」開始為人們所熟悉，但在國內尚無對「毒丸」的系統研究。 -
With the widespread implementation of the tender offer and tender bidding system in the water conservancy and hydroelectricity engineering ( wche ), the cost of projects shall be estimated in time by the design unit and the contractor in order to work out the tender and the quoteprice
水利水電工程普遍實行工程招投標制度，這就要求設計單位和承包商及時測算出工程造價，以便於編制標底和報價。因此，水利水電工程造價系統的研製與開發是一項具有重要意義的工作，同時也是一項非常艱難的工作。 -
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。 -
Compared with agreement acquisition, tender offer has the characteristics such as openness, fairness, legal term, and exclusion, all of which enables security holders to make an independent choice based on the legal display system of information, helps to prevent underground transactions, and protects the benefits of all shareholders and especially of small shareholders
與協議收購相比，它具有公開性、公平性、期限法定性和排他性等特點。它使所有股東在平等獲取信息的基礎上自主作出選擇，被視為完全市場化的規范的收購模式，有利於防止各種內幕交易，保障全體股東尤其是中小股東的利益，因此成為各國證券市場上最主要的收購形式。 -
The attempt of citic securities co., ltd to acquire gf securities is the first case of fully - marketized tender offer in its real sense in china
摘要中信證券收購廣發證券事件是我國第一起真正意義上的完全市場化要約收購案例。
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