Business English word of the day: takeover bid

January 9, 2010 | Posted by profanglais

Takeover bid : OPA (offre publique d’achat) This term comes from the phrasal verb ‘to take over’ (prendre le controle) and ‘bid’ (offre, enchérir) Examples: Mittal Steel made a successful takeover bid for the French steel company Arcelor. I find it disgusting that the Mittal family, one of the richest in the world, can be [...]

Category Categories: business | Tag Tags: business, OPA, takeover bid | Comments 1 Comment »