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Takeover Defence

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Takeover Defence
PROJECT ON strategies to defence takeover targets

Submitted TO- Submitted BY-
PROF.SAMSON MOHARANA PRAGYNA DASH(11MFC013)
RITU LALA(11MFC018)
ALINA SHARMA(11MFC025)
MADHUSMITA JENA(11MFC019)
JAGDISH BEHERA(11MFC07)

MASTER OF FINANCE AND CONTROL UTKAL UNIVERSITY, VANIVIHAR, BHUBANESWAR
INTRODUCTION
Takeovers are taking place all over the world. Those companies whose shares are underquoted on the stock market are under a constant threat of takeover. The takeover strategy has been conceived to improve corporate value, achieve better productivity and profitability by making optimum use of the available resources in the form of men, materials and machines.
MEANING AND THE CONCEPT Takeover is an acquisition of shares carrying voting rights in a company with a view to gaining control over the management of the company. It takes place when an individual or a group of individuals or a company acquires control over the assets of a company either by acquiring majority of its shares or by obtaining control of the management of the business and affairs of the company. On the other hand, in a reverse takeover, a smaller company acquires control over a larger company.
DEFINITION
(a) Takeover is an acquisition, by one company of controlling interest of the other, usually by buying all or majority of shares. (b) A takeover may be defined as series of transactions whereby a person, individual, group of individuals or a company acquires control over the assets of a company, either directly by becoming owner of those assets or indirectly by obtaining the control of management of the company.
KINDS OF TAKEOVER 1) Friendly Takeover: In this type of takeover the company bidding will approach the directors of the company to discuss and agree an offer before proposing it to the shareholders of that company. The bidding company

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