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Takeover - GCSE Business Definition

Reviewed by: Steve Vorster

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A takeover occurs when one company gains control of another by purchasing the majority of its shares. This can either be a friendly takeover, where the target company agrees to the acquisition, or a hostile takeover, where the target company does not consent.

In GCSE Business, understanding takeovers is important, as they can significantly impact changes in management, alter business strategies, and affect the company's market position. Takeovers can lead to increased efficiencies and market share or result in challenges such as culture clashes and integration difficulties.

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Steve Vorster

Reviewer: Steve Vorster

Expertise: Economics & Business Subject Lead

Steve has taught A Level, GCSE, IGCSE Business and Economics - as well as IBDP Economics and Business Management. He is an IBDP Examiner and IGCSE textbook author. His students regularly achieve 90-100% in their final exams. Steve has been the Assistant Head of Sixth Form for a school in Devon, and Head of Economics at the world's largest International school in Singapore. He loves to create resources which speed up student learning and are easily accessible by all.

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