What is a creeping tender offer?

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A tender offer is A. a goodwill gesture by a "white knight." B. ...
Posted by:
Vinod Jetley
14-December-2014

Tender Management Economics

Question added by Shameer Nazir Madari , Assistant Finance Manager , METAL AND RECYCLING COMPANY K.S.C. (PUBLIC)
Date Posted: 2016/04/25

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1 Answers

by Anas Nasry , Sr. MEP Project Manager , ARCO Electromechanical LLC

It is the gradual acquisition of the target company shares.

It is the shares purchase at financial markets rather than direct bid to the shareholders

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