tender offers

The biggest part of the private secondary market today is company-sponsored tender offers, in which the company allows employees or early investors to sell shares to selected buyers.

如今私人股票二级市场最大的一个组成部分，是企业发起的股权收购要约，也就是企业允许员工或初期投资者将股票出售给选定的买家。

However, none of the true tender offers have happened in our stock market since the Nanjing Steel tender offer in 2003.The key problem is that the price of tender offer is unreasonable.

然而从2003年南钢股份要约收购案至今，我国证券市场还没有发生一起真正意义上的要约收购，其关键在于目前要约收购价格的制定存在缺陷。

Manila's rice tender yesterday received offers for only 325,000 tonnes, a third below the government's target.

菲律宾昨日的大米投标仅获得32.5万吨大米供应，较政府的目标低三分之一。

Hostile takeover means that where managers of target company are opposed to takeover action, bidder makes tender offers to shareholders of target company to buy their stocks and thus obtain the control of target company.

具体来说，敌意收购是指在目标公司管理层反对被收购的情况下，收购者通过直接向目标公司股东发出收购要约，购买其股份而获得目标公司控制权的一种收购方式。

Research on Tender Offers of Listed Company

上市公司的要约收购研究

The article starts from the unit price contents of engineering quantity detailed list, and elaborates the problems of assurance the tender offers.

从分析工程量清单单价组成内容入手，论述了投标报价时价格确定应注意的有关问题。

For employees, tender offers allow them to sell the shares they receive as incentive pay.

对员工来说，股权收购要约让他们得以卖出作为激励薪酬的股票。

Despite that the Williams Act strictly regulates tender offers, it is in no way limited to tender offers only.

尽管美国专门制定威廉姆斯法（the Williams Act）以严格规制要约收购，但是威廉姆斯法的规制范围并不限于要约收购。

First, it will be possible to have tender offers for less than 100 per cent of a company.

首先，投资者将可能向被收购公司发出收购部分股份的要约。

Analysis of Cost during the Tender Offers of Construction Enterprises

施工企业投标报价中的成本分析

Original motive and path dependence of government control are to reduce social burden, but the methods of government control changes in tender offers of listed companies in China.

政府控制并购的初始动因和路径传承是减少财政负担，但上市公司股权收购中政府控制方式有所变化。

Acquiring a listed company differs with common corporate acquisitions over the matter of target company and can be achieved by sending public tender offers or signing agreements in China.

上市公司收购与一般公司收购的区别在于收购的目标公司不同。

Lawyers say a change to the rules relating to tender offers could spur acquisition activity.

律师们表示，有关收购要约规定的修订，可能会刺激收购活动。

Research on the Legal Regulation of Tender Offers of Listed Companies in China

我国上市公司要约收购法律监管研究

For the construction enterprises, the bidding decision-making process is generally divided into two main stages which tendering opportunities decision-making and decision-making of tender offers.

对于建筑企业来说，投标决策过程一般分为投标机会决策和投标报价决策两个主要阶段。

There are primarily three common forms of share repurchase: Dutch auctions, Fixed-price tender offers and Open-market repurchase.

股票回购方式主要有三种：固定价格要约回购，荷兰式拍卖回购以及公开市场回购。

The informational advantage of the largest risk arbitrageurs is not so compelling in situations such as long-term liquidations, spinoffs, and large friendly tender offers.

最大的风险套利的信息优势在一些情况下也不总是那么迷人，比如长期的清算、分拆，和大型的善意接管。

As well as the rights issue, Norton Rose Fulbright advised Renhe on bank financing and tender offers that were combined into a triple-layered financing arrangement, which had not been done before, says Rachel Chan, senior counsel at the law firm.

诺顿罗氏律师事务所的资深顾问Rachel Chan表示，除这次配股之外，诺顿罗氏也为人和商业的银行融资和要约收购提供建议，这些被整合成一项前所未有的三层融资安排。