Corporate alliances and acquisitions Flashcards
-suport de curs an2sem2- (15 cards)
A merger is
when two companies join together to form a new one
A takeover or acquisition is
when one company buys another one
A takeover or acquisition is when one company buys another one (e.g. Daimler-Benz and
Chrysler). This can happen in two ways. Firstly, a company can offer to buy all the shareholders’
shares at a certain price (higher than the market price) during a limited period of time. This is called
a takeover bid. Secondly, a company can buy as many shares as possible on the stock market,
hoping to get a majority. This is called a raid.
Companies can also work together without a change of ownership. For example, when two or more
companies decide to work together for a specific project or product, this is called a
joint venture.
An example is Sony Ericsson, which makes mobile phones.
Business venture
o afacere nouă, un proiect de afaceri pe care cineva îl începe, dar care poate avea și riscuri.
A fi „up to the venture”
a fi pregătit să te implici într-un astfel de proiect riscant.
Pe scurt, „venture” e ceva ce pornești cu scopul de a câștiga, dar care are un grad de incertitudine.
amazing
Word: startling
Meaning: very surprising or astonishing
Română: uluitor, surprinzător
Context: „The cost of the collapse is startling…”
climax, peak
Word: acme
Meaning: the highest point or most perfect example of something
Română: apogeu, punct culminant
Context: „the deal seemed the acme of the mergers…”
offer
Word: bid
Meaning: a proposal to buy a company or asset
Română: ofertă (de cumpărare)
Context: „…the total value of many other recent headline-grabbing bids.”
rising stock market
Word: bull market
Meaning: a market in which prices are rising or expected to rise
Română: piață bursieră în creștere
Context: „…a bull market that has in part been fuelled by such deals.”
section
Word: lot
Meaning: a part or share, often in a deal or agreement
Română: parte, cotă
Context: „SB had been considering throwing in its lot with dull old American Home Products…”
healthily thin (used figuratively)
Word: leaner
Meaning: more efficient, with fewer unnecessary parts or people
Română: mai eficient, mai subțire (la fig.)
Context: „…their corporate headquarters would be leaner…”
to be celebrated, to be feasted
Word: feted
Meaning: to be celebrated or honored
Română: sărbătorit, elogiat
Context: „…although the deal was feted by analysts…”
preliminary report
Meaning: a first version of a report, before final conclusions
Română: raport preliminar
✅ “Here you have my preliminary report on the initial reactions…”