PDSnet Glossary

Term

Categories

Introductory Technical Fundamental Economics Opinion Sectors International Regulatory Other Markets

Versions

Name	synonyms = 1, variations = 2, abbreviations = 3

Publish: (0 = no, 1 = yes)

Definition

An expression of interest (EOI) is an approach by an acquisitive company which seeks to acquire another company. They would first send an EOI - and then engage in discussions with the target company's board. An EOI does not bind the acquiring company in any way - it simply indicates that they wish to find out more about the business with a view to possibly acquiring it. The acquisition would be dependent on a successful "due diligence" and a price which is acceptable to the shareholders of the company being acquired. A hostile takeover occurs where the directors of a company are opposed to an acquisition.

Edit Glossary Term