What Is Acquisition? Know Understanding, Types, And Goals For Business

Illustration of acquisition (Photo: Pixabay)

YOGYAKARTA Some people may be familiar with the term acquisition. The reason is, this term is quite often heard in the world of business. Acquisition is often used as a strategy to develop a business or accelerate the growth of a company. So, what is an acquisition?

According to the Big Indonesian Dictionary (KBBI), Acquisition is the transfer of ownership of companies or assets (in the banking industry occurs if the purchase of shares is above 50 percent).

The definition of the acquisition is also contained in Government Regulation Number 27 of 1998 concerning Merger, Merger, and Takeover of Limited Liability.

According to the regulation, the acquisition is defined as a legal act committed by legal entities or individuals to take over, either the entire or most of the company's shares which could result in the transfer of control to the company.

Meanwhile, Munir Fuady in a book entitled Legal Protection for Minority, Creditor, and Employee Shareholders of Company Acquisition (2010); calls the acquisition a legal act in the form of a takeover of companies where takeover companies and those taken over each remain and continue to carry out business activities.

From the above understanding, it can be concluded that companies that make acquisitions can make decisions regarding asset management in companies that have been acquired without the need for approval from shareholders.

The type of acquisition is divided based on what assets are taken over from a company by another company.

For more details, see the explanation of the following types of accuracy:

Acquisition in business has several purposes, including:

That's the information about what it's about. This article can add insight to the loyal readers of VOI.ID.