Valuation lies at the heart of all takeovers.
估价是一切收购活动的核心。
It has financed takeovers by big private companies, both at home and abroad, creating national champions in businesses ranging from food to pulp and paper.
它为国内外大型私营企业的收购提供资金，造就了从食品到纸浆和造纸等行业的全国领军企业。
One way to lower costs will be to forge alliances with foreign companies or to expand internationally through appropriate takeovers – in short, to "globalize."
降低成本的途径之一将是与外国公司结成联盟或通过适当的兼并进行国际性扩张–简言之，就是“全球化”。
"There's rising work demand coupled with the insecurity of mergers, takeovers, downsizing and other factors," Moen said.
摩恩说：“伴随着合并、接管、裁员和其他因素带来的不安全性，工作需求在增加。”
Hostile takeovers are unheard of.
不良收购案闻所未闻。
Allow takeovers of failing schools.
并允许对于失败学校的接管。
The next year or two will doubtless see mergers and takeovers.
接下来的一两年内无疑会出现公司并购或接管的现象。
IN THE clubby world of Korean commerce, hostile takeovers are rare.
在一向排外的韩国商业圈内，恶意收购行为非常罕见。
He expects more takeovers of weak non-profit hospitals by for-profit chains.
他相信将会有盈利连锁医院对小型非盈利性医院更多的收购。
Politicians in both Europe and America continue to blanch at foreign takeovers.
无论欧洲还是美国，仍都对外资控股避之不及。
Allowing professional leagues and the FA additional oversight of club takeovers.
允许职业联盟和足总监管各俱乐部的接管过程。
Companies have also held back from selling bonds, issuing shares or doing big takeovers.
企业也纷纷停止出售债券，发行股票或进行大的收购。
This typically occurs in the context of mergers, takeovers, or internal reorganizations.
这种情况通常发生在合并、接管或者内部改组的情况下。
America's rules on takeovers would also make this sort of occurrence impossible in most cases.
美国的收购法案也使得诺华对爱尔康这种情况的发生微乎其微。
The next year or two will doubtless see mergers and takeovers. Some of the weaker manufacturers will die.
今后一两年，企业间的兼并和收购将不可避免，一些弱小的制造商将会消亡。
VW has the state of Lower Saxony as a big shareholder and a special law to protect it from takeovers.
大众的大股东是下萨克森州(stateof Lower Saxony)，同时有一条专门的法律保护大众免受并购。
Cyclical industries such as retailing and food manufacturing may also see lots of mergers and takeovers.
循环型行业，如零售业和食品生产业也有可能产生众多并购交易。
Their union is likely to inspire more mergers and takeovers that will increase the industry's efficiency.
它们的联合有可能激励更多的公司实施并购和接管，从而将提高整个产业的生产效率。
Commercial-bank takeovers of investment banks have a horrible history because of the stark cultural differences.
商业银行收购投资银行有着很糟糕的历史，因为二者的文化完全不同。
Bad debts, risks lurking off the balance sheet, and a wave of potential takeovers of weak Banks all sound distant.
坏账，潜伏在资产负债表里的风险，潜在的收购小银行浪潮听起来似乎都很遥远。
Takeovers rarely add value to the acquirer and often lead to job losses and factory closures at the acquired company.
收购很少会提升收购方的价值，而且往往会导致被收购公司员工失业和工厂关闭。
Alternatively, Mr Riboud could opt for several smaller takeovers, or go for a share buy-back or special dividend.
作为选择，Riboud可能选择几个小的接受，也可能买回自己的股份或者额外红利。
Yet the headlong expansion continues, either through the opening of yet more new stores or through a rash of takeovers.
然而轻率的扩张仍在继续，或是不断的开新店，或是鲁莽的收购。
At home, companies face a slowing economy, a cultural aversion to takeovers and an ageing and declining population.
但在国内，公司面临的是放缓的经济，文化上对于收购的厌恶以及数量不断减少，日益老龄化的日本人口。
Takeovers among drug companies may become more contested as patents expire and they seek growth through acquisitions.
当专利权到期时药业公司之间的并购会产生更多的竞争，以通过兼并寻求增长。
The bigger problem for buy-out firms is posed by long-standing restrictions on bank takeovers by non-financial firms.
对于收购方更大的问题是，对非金融机构接管银行长期存在的限制。
Meanwhile, the Reserve bank of India, the central bank, frowns upon using bank loans to fund takeovers, so they rarely happen.
同时，印度的中央银行印度储备银行一直不赞成用贷款来为收购集资，所以这种收购也不大会发生。
Meanwhile, the Reserve bank of India, the central bank, frowns upon using bank loans to fund takeovers, so they rarely happen.
同时，印度的中央银行印度储备银行一直不赞成用贷款来为收购集资，所以这种收购也不大会发生。
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