Return to results
Journal articles (1996), Bulletin mensuel COB, pp. 1-13

Les offres publiques sur les titres de la cote officielle et du second marché de 1988 à 1994 : comportements boursiers

This empirical study of the tender offers and private negotiations recently made by French companies shows : - a positive impact for target shareholders and a positive global (acquirer and target combined) effect of tender offers , - a tendency for the volatility (B) of the target and the acquirer to converge after the operation.

CHARLETY-LEPERS, P. and CLEMENT, R. (1996). Les offres publiques sur les titres de la cote officielle et du second marché de 1988 à 1994 : comportements boursiers. Bulletin mensuel COB, pp. 1-13.