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Takeover bid

A takeover bid is an operation that aims to take control of a company.

When a company launches a takeover bid, it makes an offer to the shareholders of another company to buy their shares.

There are different types of takeover bids, depending on whether the aim is to take control of a company, i.e. a competing takeover bid, or to remove a company from the stock market, i.e. a delisting takeover bid.