投标出价；股权收购

股权收购，投标出价

tender offer───投标报价；招标

tenderisers───软化的

tenderizers───n.（肉类）嫩化剂；嫩肉粉

tenderometers───n.成熟测度计

under orders───奉命

extended orders───延期订单

fender benders───轻微交通事故；撞弯保险杠的车祸（等于小车祸）

gender benders───不男不女的人；变性人；转换器

open to offers───接受报价

Exchange Offers: Tender offer where the consideration is securities rather than cash.───换股合并：以证券而非现金为交易对价的要约收购。

Our electronic tendering system is one of the first Government electronic tendering systems in the world that allows both tender dissemination and submission of tender offers.───我们的电子投标系统是全球最先推出的政府电子投标系统之一，兼具发出招标通告和接受标书两大功能。

There are primarily three common forms of share repurchase: Dutch auctions, Fixed-price tender offers and Open-market repurchase.───股票回购方式主要有三种：固定价格要约回购，荷兰式拍卖回购以及公开市场回购。

From next month, in theory, it will be possible to have tender offers for less than 100 per cent of a company.───理论上讲，自下个月起，将可能出现收购一家企业非全部股份的收购要约。

Definition: The purchase by a listed company of its own shares either in the open market or by tender offers.───定义：某公司通过其本身的股份，购买了一家上市公司，，无论是在公开市场上或以招标方式提供。

First, it will be possible to have tender offers for less than 100 per cent of a company.───首先，投资者将可能向被收购公司发出收购部分股份的要约。

Are the tender offers submitted through the ETS as secure as the manual system?───通过电子投标系统递交的投标报价是否如人手方法同样安全可靠？

The transmission of tender offers through the ETS must be completed before the tender closing date and time .───通过电子投标系统传送的投标报价必须在截标日期及时间之前完成。

Finally, both deals are structured as schemes of arrangement, rather than public tender offers.───最后，两桩交易都是以协议安排（schemeofarrangement），而非公开招标出价的方式进行。