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A classic investment banking division, equity research, which represents a multi-billion dollar industry for investment banks, aims to provide the market with valuable information on companies, sectors and market trends. Let's take a look at this business at the border between corporate finance and financial markets.
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What is a takeover bid ?
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Takeover bids have recently been in the news. The purchase of EDF and Tweeter have been mentioned several times in the last few days and have caused a considerable number of headlines. However, for readers unfamiliar with the world of finance, the term "takeover bid" may appear unclear. Let's see how to define and understand this financial operation.
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