Tender offer

A type of takeover bid for a company, usually made publicly.

In a tender offer, a buyer invites existing shareholders to sell their shares for a specific price, within a particular time frame. The price is usually higher than the current market price (i.e. at a premium), but often on the condition that a minimum or maximum number of shares are sold.

Popular terms

Ready-made pension

A simple, low-cost pension where you choose from four AJ Bell fund options.

Money paid in is automatically invested...

Pension builder

The Pension builder fund is AJ Bell’s low-cost standard option, designed to help you invest the money you’ve paid into...

Non-workplace pension

A type of pension that you set up yourself. You control how much you pay in (and when) as well...