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English to Portuguese translations [PRO] Law (general)
English term or phrase:competing bids
This prevents companies whose shares are targeted in a takeover process from financing competing bids, in definitive terms, even partially, either directly [...] or through an intermediary or, by any means, from assisting in the attainment of financing for this purpose.
Explanation: Creio que, neste caso, por causa da palavra "financing" antes do termo, o correto seria "licitações concorrentes". O Marcílio, em seu Dicionário, também traz a tradução "licitação" para "bid".