Aguytrying wrote:dear good people. please assist me with these definitions and difference
take over
acquisition
A TAKE OVER is a hostile acquisition.
AN ACQUISITION is a friendly takeover.
Suppose a firm acquires 75% of a listed company's shares, then applies for compulsory acquisition of the rest of the shares, that is what i'd call A TAKE OVER, e.g. AccessKenya Limited delisting from the NSE, with some shareholders saying 14/- is peanuts. Or CFC Stanbic bank taking over Karuturi Flowers for the unpaid KES 300M loan, even with its owners refusal to cede ground, that is a hostile takeover.
For an acquisition, that is straight forward.
#My_2_cents_plus_16%_VAT
Receive with simplicity everything that happens to you.” ― Rashi