What does the company acquisition include?

Company acquisitions include the following types:

First, according to the acquisition method, it can be divided into tender offer and agreement acquisition;

Second, according to the scope of acquisition, it can be divided into horizontal mergers and acquisitions and vertical mergers and acquisitions;

Three, according to the subject matter of the contract, can be divided into cash purchase and share exchange;

Fourth, other types.

legal ground

Article 23 of the Measures for the Administration of the Acquisition of Listed Companies

Investors who voluntarily choose to buy shares of a listed company by way of an offer can make an offer to all shareholders of the acquired company (hereinafter referred to as a comprehensive offer) or make an offer to all shareholders of the acquired company to buy part of its shares (hereinafter referred to as a partial offer).

Article 24

If the purchaser holds 30% of the issued shares of a listed company through securities trading in the stock exchange and continues to increase his holdings, he shall make an offer in the form of a comprehensive offer or a partial offer.

Article 27

If the purchaser issues a comprehensive offer to terminate the listing status of a listed company, or issues a comprehensive offer because it does not meet the provisions of Chapter VI of these Measures, it shall pay the purchase price in cash; Where the purchase price is paid by legally transferable securities (hereinafter referred to as securities), cash shall also be provided for the shareholders of the acquired company to choose.