Translation guide
A public offer to buy shares of a company, usually at a premium, to gain control. In Japanese business contexts, this is most commonly referred to as TOB (takeover bid).
A public offer to purchase shares from existing shareholders to gain control of a company.
The standard term in Japanese business and news. Stands for 'takeover bid' and is used as a loanword.
その会社は敵対的TOBを仕掛けられた。
The company was targeted by a hostile tender offer.
A shorter form of the legal term, still formal but more common in business reporting.
公開買付け価格は一株あたり2000円に設定された。
The tender offer price was set at 2,000 yen per share.
In spoken Japanese, TOB is almost always used instead of the longer legal terms. It is understood by anyone familiar with business news.
The formal Japanese legal term for a tender offer. Used in official documents and legal contexts.
株式公開買付けの公告が本日行われた。
The public notice of the tender offer was made today.