The acquisition of shares in a target company by a potential offeror. Stakebuilding has two principal purposes. First, the more shares that an offeror buys, the greater his chances of success may become. Second, if it is likely that a bid will be contested and the share price of the target company may therefore rise, an offeror may reduce the risks and expenses of failure by selling its stake at a profit.
Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010.
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stakebuilding — UK US (also stake building) /ˈsteɪkˌbɪldɪŋ/ noun [U] FINANCE ► the process of increasing the number of shares in a company, sometimes in order to prepare a bid to take control of it: »Vague rumours of either stakebuilding or a bid from Microsoft… … Financial and business terms
stakebuilding — noun The accumulation of shares in a company … Wiktionary
stakebuilding — noun Finance the building up of a holding of shares in a company … English new terms dictionary
stakebuilder — stakebuilding UK US (also stake building) /ˈsteɪkˌbɪldɪŋ/ noun [U] FINANCE ► the process of increasing the number of shares in a company, sometimes in order to prepare a bid to take control of it: »Vague rumours of either stakebuilding or a bid… … Financial and business terms
Poison pill — is a term referring to any strategy, generally in business or politics, to increase the likelihood of negative results over positive ones for a party that attempts any kind of takeover. It derives from its original meaning of a literal poison… … Wikipedia
Golden Share — A Golden Share is a nominal share which is able to outvote all other shares in certain specified circumstances, often held by a government organization, in a government company undergoing the process of privatization and transformation into a… … Wikipedia
BW Group — Infobox Company company name = BW Group Limited company company type = Private foundation = 2003 location = flagicon|Singapore Singapore key people = area served = Global industry = Shipping products = revenue = operating income = net income =… … Wikipedia
associate — as·so·ciate /ə sō shē ət, sē ət, shət/ n: a lawyer employed by a law firm compare partner Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. ass … Law dictionary
acting in concert — Also known as concert party arrangements. A group acting together in a takeover situation. As defined in the City Code on Takeovers and Mergers (the Code), persons acting in concert are persons who, pursuant to an agreement or understanding… … Law dictionary
cash alternative — In the context of UK takeovers, the cash element where the bidder offers target shareholders the choice between bidder securities and cash. Related links cash underwritten alternative stakebuilding cash underpinning … Law dictionary