GlossaryGlossary • November 23rd, 2015
Contract Type FiledNovember 23rd, 2015Acquisition: 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.