Definition of «takeover approach»

The phrase "takeover approach" refers to a situation where one company expresses interest in acquiring another company. It suggests that the interested company is making a formal proposal or initiating discussions to take control or ownership of the targeted company.

Sentences with «takeover approach»

* TDC rejected takeover approach from consortium last week. (cnbc.com)
YBG's takeover approach for Virgin Money is a sign of the difficulties that UK challenger banks face to grow and diversify organically in a market dominated by a few large lenders. (fitchratings.com)
Ablynx said it rejected Novo's latest takeover approach and analysts predict the Danish group, whose new chief executive is seeking growth by buying drugs developed by competitors, might face counterbidders and would need to raise its bid. (cnbc.com)
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