M&A General Flashcards
(79 cards)
1
Q
transaction structure
A
交易结构
2
Q
SPV
A
特殊目的公司
3
Q
tax optimization
A
税务优化
4
Q
Signing and closing; period between signing and closing
A
交易签字和交割; 交易过渡期
5
Q
valuation
A
估值
6
Q
regulatory approval; follow-up and obtain regulatory approvals
A
政府审批; 跟进和获取政府审批
7
Q
third party approval
A
第三方同意
8
Q
shareholder‘s consent
A
股东批准
9
Q
creditor
A
债权人
10
Q
Regulatory authorities
A
审批机构
11
Q
Foreign exchange
A
外汇
12
Q
Exchange rate
A
汇率
13
Q
SPA
A
买卖协议
14
Q
Share deal; asset deal
A
股权交易；资产交易
15
Q
Preemptive right
A
优先购股权
16
Q
Due diligence
A
尽职调查
17
Q
Bid submission
A
投标
18
Q
Negotiation
A
谈判
19
Q
Signing; Signing of transaction documents
A
交易签字；签署交易文件/文本
20
Q
Closing conditions；conditions precedent
A
成交条件/交割条件；过渡期先决条件
21
Q
Purchase price adjustment
A
价款调整
22
Q
Target
A
目标公司
23
Q
Timeline
A
时间表
24
Q
Auction process; private sale
A
公开拍卖；一对一谈判
25
Project name
项目代号
26
Audit
审计
27
NDA/confidentiality agreement; confidential information; confidentiality obligation
保密协议; 保密信息; 保密义务
28
Virtual data room; physical data room
虚拟网上资料室；实体资料室
29
Disclosure
披露
30
Claim
索赔
31
Information memorandum
信息备忘录
32
Indicative offer
提示性报价
33
Mark-up
修改稿
34
Financing
融资
35
Integration
整合
36
Risk analysis
风险评估
37
Exclusivity
独家谈判权
38
Minority shareholder; majority shareholder
少数股东；大股东
39
Veto right
否决权
40
Opposing party; joint venture partner
交易对手；交易伙伴
41
Discover risks
揭示风险
42
Rights and obligations
权利义务
43
Escrow account
托管账户
44
Guarantee/collateral of seller for seller’s obligations under the SPA:
- escrow account
- purchase price retention
- bank guarantee
卖方交易文件义务履行担保（履约担保）
- 托管账户
- 分部付款
- 银行担保
45
Clean exit
干净退出：减少交易后买方追索的风险
46
MAC; MAE
重大不利变化；事件
47
Level of effort:
- reasonable effort
- best effort
努力程度：
- 合理努力
- 最大努力
48
Asset purchase agreement
资产购买协议
49
Gun-jumping
抢跑
50
Carve-out of business
资产剥离
51
Common law jurisdictions
普通法管辖区域
52
Contractual parties
缔约方
53
Reciprocal/unilateral
双向/单向
54
Information provider / information recipient
信息披露方/信息接受方
55
Information exchange
信息交换
56
Affiliate
关联公司
57
On need to know basis
有必要知晓
58
Back to back
背靠背
59
Return/destruction of confidential information
返还/销毁保密信息
60
Market standards
行业惯例
61
Reps and warranties
陈述与保证
62
Indemnity; indemnify
保障; 免责/赔偿
63
Remedies
救济方式
64
CoC
控制权变更
65
Agreement, deed, acknowledgment, letter
协议，契据，认可，信函
66
Intellectual property rights
知识产权
67
Assignment (of rights)
转让条款
68
Non-compete/-solicitation clause
不得竞争/招揽条款
69
Standstill clause
不得买卖股权/重要资产条款
70
Make an offer
发盘/要约
71
Completeness and correctness of confidential information
保密信息的完整和准确性
72
Trade secrete
商业秘密
73
Know-how
技术诀窍
74
Market share
市场占有份额
75
Competitively sensitive information
敏感性竞争信息
76
Termination clause
终止条款
77
Binding agreement
约束性协议
78
Transitional services agreement
过渡服务协议
79
Sales, purchasing
销售，采购
