On the contrary, acquisition by tender offer helps to improve the equity of acquisition trade, but the current compulsive tender offer system affects the efficiency of acquisition trade negatively.
要约收购有利于改善并购交易的公平性,但现行的强制要约收购制度影响了并购交易效率。
Article 85 an investor may purchase a listed company by tender offer, acquisition agreement as well as any other legal means.
第八十五条投资者可以采取要约收购、协议收购及其他合法方式收购上市公司。
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