Raising finance – Practice 1
Choose the correct answer:
- The current trend is for groups to non-core assets and activities in a process of restructuring, which allows them to focus on the ones they are best at doing and make the most profit from.
- A takeover bid is one undertaken against the wishes of the board of directors.
- When two businesses combine, achieving is easier said than done. Sometimes a merger does just the opposite and in many cases, one and one add up to less than two.
- Kola-Co has made a bid of 21p per share.
- We do many things but our activity is publishing.
- Eastern Water turned out to be our white saving us from collapse.
- The process described in question six is also referred to as:
- Buying out the contracts of senior executives will be a poison for any predator to swallow.
- As he gained experience and capital at his first outlet, Mott began to win bids to run additional coffee shops in Chicago.
- Global Electric's latest is Cambridge Electra. They bought it last month after a long negotiation process.