Acquisition of Controlling Interest

Acquisition of controlling interest refers to a situation in mergers and acquisitions where one company buys enough shares of another company to have a majority ownership, typically more than 50%. This gives the acquiring company the power to make significant decisions about the target company's operations, strategy, and management. Essentially, it means gaining control over the company, allowing the acquirer to influence its direction and impact its future. This type of acquisition can lead to changes in leadership, strategy, and business practices to align with the goals of the acquiring company.