Common Contracts

1 similar Glossary contracts

Glossary
Glossary • November 23rd, 2015
  • Contract Type
  • Filed
    November 23rd, 2015

Acquisition: A cooperation operation whereby one company takes control of another, which is then integrated into the first company. This is a strategic manoeuvre whose consequence is loss of independence for the company that is acquired. The objectives of the acquirer may be multiple; for example, procuring an increase in economic and technical efficiency, strengthening market power or creating financial synergies.

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