TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

SOUMISSIONNAIRE-PARAVENT [1 record]

Filter results by subject field Alphabetical list of terms

Filter results by subject field

Alphabetical list of terms

Record 1 2012-04-18

English

Subject field(s)
  • Investment
  • Amalgamation and Partnerships (Finance)
  • Bankruptcy
CONT

A stalking horse bidder is the first party that enters into a binding commitment with the debtor to purchase its assets or business. This lead bidder enters into a purchase agreement that establishes a floor for subsequent bids at an auction.

OBS

It is not unusual for a potential purchaser to negotiate limited periods of exclusive dealing in a bankruptcy, thus maximizing the opportunity for it to become the stalking horse bidder.

French

Domaine(s)
  • Investissements et placements
  • Fusion, absorption et coparticipation (Finances)
  • Faillites
CONT

[...] si on a recours à un soumissionnaire-paravent [...], on peut protéger l'acquéreur et réduire les risques à leur minimum pour ce qui est des dettes du vendeur, une fois que la transaction est conclue.

Spanish

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© Public Services and Procurement Canada, 2024
TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
A product of the Translation Bureau

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