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What does TOB stand for?

TOB stands for Takeover Bid

This definition appears frequently and is found in the following Acronym Finder categories:

  • Business, finance, etc.

See other definitions of TOB

Other Resources:
We have 36 other meanings of TOB in our Acronym Attic

Samples in periodicals archive:

Perth, Australia, Feb 16, 2011 - (ABN Newswire) - As previously announced, FerrAus Limited (ASX:FRS) (PINK:FRRAF) had delayed settlement of its A$35 million placement (Placement) pending ASIC determination of an application by Wah Nam International Australia Pty Ltd, a wholly owned subsidiary of Wah Nam International Holdings Limited (HKG:0159) (Wah Nam), for relief to vary offers under its takeover bid to extend them to newly issued shares (Takeover Extension), including shares to be issued under the Placement (new Placement Shares).
For example: * French and Luxemburg government resistance against the hostile takeover bid by Mittal Steel, the world's largest steelmaker, on behalf of its French/Luxembourg rival Arcelor; * The Spanish government's attempts to prevent a takeover of the Spanish electricity company Endesa by its German competitor Eon; * A hastily arranged marriage between the two energy companies Gaz de France and Suez, initiated by the French authorities in order to prevent a takeover of Suez by the Italian energy concern Enel; * A political storm in Poland concerning the merger of the two banks BPH and Pekao, owned by UniCredit of Italy, and the growing market-share of foreign-owned commercial banks in the domestic banking market.