Definition: Takeover

Category: SNA

A takeover is a form of acquisition where the acquiring corporation is much larger than the target corporation. The term is sometimes used to designate hostile transactions. However, mergers of equals (in size or belonging to the same sector of activity) may also result in a hostile takeover. http://ec.europa.eu/eurostat/ramon/statmanuals/files/SNA2008.pdf
Source:
European Commission (Eurostat), International Monetary Fund (IMF), Organisation for Economic Co-operation and Development (OECD), United Nations (Statistics Division), World Bank, "System of National Accounts 2008", United Nations, New York, 2009
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