White Knight代表什么?

2024-05-10 13:07

1. White Knight代表什么?

同学你好,很高兴为您解答!
  White Knight白武士指向面对独立方恶意收购的公司提出善意收购建议的公司。
  对于各个投资领域内的专业人员,包括基金经理、证券分析师、财务总监、投资顾问、投资银行家、交易员等等,CFA非常重要;它直接证明了你的职业素养和能力,被投资业看成一个“黄金标准”,这一资格被认为是投资业界中具有专业技能和职业操守的承诺。考生考过CFA对自己将会有很大帮助。

  希望高顿网校的回答能帮助您解决问题,更多财会问题欢迎提交给高顿企业知道。

高顿祝您生活愉快!

White Knight代表什么?

2. White Knight

 In business, a white knight is a friendly investor that acquires a corporation at a fair consideration with the support from the corporation's board of directors and management. This may be during a period while it is facing a hostile acquisition from another potential acquirer (black knight) or it is facing bankruptcy. White knights are preferred by the board of directors (when directors are acting in good faith with regards to the interest of the corporation and its shareholders) and/or management as in most cases as they do not replace the current board or management with a new board, whereas, in most cases, a black knight will seek to replace the current board of directors and/or management with its new board reflective of its net interest in the corporation's equity.
   在商业领域, 白骑士 是指一种友好的投资人,他们在获得被收购公司的董事会(board of directors)/ 管理层(management)的支持的前提下以公允的方式(fair consideration)收购该公司。  这种收购可能处于这样的时期:被收购方面临着另一家潜在的收购方(黑骑士)的恶意收购(hostile acquisition)或者它正面临破产危机。白骑士是受董事会/管理层欢迎的(当董事会确实是为对公司和股东利益考虑的情况下/act in good faith with..),因为在大多数情况下他们并不会更换当前的董事会/管理层。然而,黑骑士则力求(seek to)把当前的董事会/管理层换为可以代表(reflective of)他们股权利益的班底。
   The first type, the white knight, refers to the friendly acquirer of a target firm in a hostile takeover attempt by another firm. The intent of the acquisition is to circumvent the takeover of the object of interest by a third, unfriendly entity, which is perceived to be less favorable. The knight might defeat the undesirable entity by offering a higher and more enticing bid, or strike a favorable deal with the management of the object of acquisition.
   第一种白骑士指的是在一个目标公司遭遇某家公司恶意并购(hostile takeover)时出现的一家友好的收购方。白骑士的收购目的是为了避免(circumvent)对象实体被第三方非友善的实体收购。而第三方非友善实体的这种收购被认为是对对象实体不利的(less favorable)。白骑士可能通过出更高更诱人(enticing)的价码(bid)来打败不良(undesirable)实体,或者与收购对象的管理层达成一个有利交易。
   The second type refers to the acquirer of a struggling firm that may not necessarily be under threat by a hostile firm. The financial standing of the struggling firm could prevent any other entity being interested in an acquisition. The firm may already have huge debts to pay to its creditors, or worse, may already be bankrupt. In such a case, the knight, under huge risk, acquires the firm in crisis. After acquisition, the knight then rebuilds, or integrates the firm.
   第二种白衣骑士是指一家不一定处于恶意公司的威胁下的困境中的(struggling)公司的收购方。这家困境中的公司的财务状况(financial standing)可以让任何实体无法产生收购兴趣。这家公司可能已经有巨额债务需要偿还给债权人(creditor)。也许更糟糕的是,它已经破产。在这样一种处境中,白衣骑士在巨大的风险下并购了这家处于危机中风雨飘摇的公司。在收购之后,白骑士将重组整合这家公司。
   A number of variations of the term have been used and these include: a grey knight which is an acquiring corporation or individual that enters a bid for a hostile takeover in addition to the target firm and first bidder, perceived as more favorable than the black knight (unfriendly bidder), but less favorable than the white knight (friendly bidder). Also, a white squire, which is similar to a white knight except it only exercises a significant minority stake, as opposed to a majority stake. A white squire doesn't have the intention, but rather serves as a figurehead in defense of a hostile takeover. The white squire may often also get special voting rights for their equity stake.
   一些白骑士的变体包括:    灰骑士 是指一个收购方公司或个人涉足了一桩竞价收购,其目的不只是恶意收购目标公司,还想吞并竞价收购目标公司的投标公司。这种行为被认为比黑骑士要好,但比白骑士要坏。    白绅士 类似于白骑士但是它只占有极少量股权(significant minority stake,即只是小股东)而非(as opposed to)大量股权(即非大股东)。白绅士并没有收购的实际意愿,只是作为一个有名无实的傀儡来抵御恶意并购。白绅士常常也能得到关于股权的特别投票权。
   The strategy that is usually employed by the Hostile Firm is making an offer more lucrative than the White Knight's, so that the shareholders consider rejecting the White Knight's bid. This, however, can lead to bidding wars and finally to overpaying, by one or the other, for the target firm.
   恶意公司所用的招数常是开出一个比白骑士更加利润丰厚的(lucrative)出价(offer),这样股东们就会否决掉白骑士的竞标。这将引发竞标战(bidding war)并最终导致目标公司的过分溢价(overpay)。
   Another option is known as the NL strategy. Here, the hostile firm allows the white knight to move ahead and waits for the acquisition to take place. Once things are settled between the two entities, the Hostile Firm launches a takeover offer for the White Knight. This takeover offer is generally a hostile one. The target (firm being bid on) can enter into standstill agreements with the White Knight to prevent it from turning Gray Knight.
   另一种招数被称为NL策略。恶意公司会让白骑士跟进并获得并购权。一旦甲乙方谈妥,恶意公司再对白骑士发起并购。这种并购要约(takeover offer)往往是一种恶意收购。目标公司可与白骑士启动停滞协议(standstill agreement,指目标公司与潜在收购者达成协议,收购者在一段时间内不再增持目标公司的股票,如需出售这些股票目标公司有优先购买权),以避免它变成灰骑士。

3. knight什么意思?

knight
[英][naɪt][美][naɪt]
n.
(中古时代的)武士; 骑士; 爵士; (国际象棋中)马; 
vt.
封…为爵士; 
第三人称单数:knights
复数:knights
现在进行时:knighting
过去式:knighted
相关单词:Knight

knight什么意思?

4. knight是什么意思

knight
[英][naɪt][美][naɪt]

n.(中古时代的)武士; 骑士; 爵士; (国际象棋中)马;
vt.封…为爵士;
例句:
双语英语
1.
He built his career on being the white knight.
他的事业建立在自己扮演白衣骑士的基础上。

5. knight什么意思 knight啥意思

1、knight英[naɪt]美[naɪt]。
 
 2、n.(中世纪的)骑士; (英国)爵士(其名前冠以Sir); (国际象棋中的)马;
 
 3、v.封(某人)为爵士;
 
 4、[例句]Mr Reddy has been honoured by the Pope by being made a knight of St Gregory.雷迪先生被教皇授予“圣格列高利骑士”的荣誉称号。
 
 5、[其他]第三人称单数:knights 复数:knights 现在分词:knighting 过去式:knighted。

knight什么意思 knight啥意思

6. white night是什么意思

white night的中文:白夜、护花使者、失眠之夜
night 读法 英 [naɪt]     美 [naɪt]    
1、n. 夜晚
2、adj. 夜晚的
例句
1、 once read a book called White Night, but that's beside the point. 
我曾读过一本叫《白夜》的书,不过这与本题无关。
2、Every girl needs a white night. 
每个女孩都需要个护花使者。
短语
1、all night	整夜
2、all the night through 通宵达旦
3、another night	另一个夜晚
4、anxious night	令人焦急的夜晚
5、bitter cold night	酷寒的夜晚

扩展资料词语用法
1、night意为“夜晚”,所指的时间一般从下午6点到第二天上午6点,也可指从日落到日出这段时间,还可指从夜间睡下到次日起床这段时间。
2、night是抽象名词,故其前通常不加the,但特指时则要加the。
3、在美式英语中其复数nights可用作状语,意思是“每夜”。
4、night引申可指“黑暗时期,令人悲伤痛苦的经历”。
词汇搭配
1、black night	漆黑的夜晚
2、bright night	明亮的夜晚
3、clear night	晴朗的夜晚
4、cold night	寒冷的夜晚
5、every night	每天晚上

7. snow white是什么意思

snow white
白雪公主
双语对照


词典结果:
snow white
[英][snəu hwait][美][sno hwaɪt]
素洁;皑; 

以上结果来自金山词霸

例句:

1.
My girls and boys like to hear fairy tales like cinderella and snow white.
我的女孩和男孩都喜欢听姑娘和白雪公主的童话。

snow white是什么意思