Bidder (tenderer)

Within the meaning of the German Securities Acquisition and Takeover Act (Wertpapiererwerbs- und Übernahmegesetz, WpÜG) of 2002, these are – natural or legal persons or partnerships, – who, alone or together with other persons, – make an acquisition or takeover offer or – are required to make a mandatory offer. – See Acting in Concert, share-dip takeover, sneak-up, blitzkrieg takeover bid, acquisition bid, greenmail, mandatory bid, knight, white, transaction bonus, takeover bid, takeover appeal, surprise attack. – Cf. 2001 Annual Report of the Federal Supervisory Office for Securities Trading, p. 38 f., 2003 Annual Report of BaFin, p. 202 ff. (on supervisory practice), and the respective BaFin Annual Report, section “Corporate Takeovers”; there also in each case an overview and comments on the takeover bid procedure.

Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent!
University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/