Can a CEO take over your country's corporations

I know of another player where a CEO is blaming his country for having a poor labour market and is threatening to take over his country's corporations.
Is that possible for the CEO to do ?
And what can be done to stop it -nationlize the corporations?

CEOs cannot take over corps(unless they're publicly traded and he buys the shares). They can, however, move their corp out of the country.

Um, yeah they can. Unless you simply block them in settings or convert corps to national corps.

I have understood that a CEO can have only six corporations in one country. Greetings Michael.

You can bid for corps, but can't the existing owner of the corp just bid more? I admit, I haven't tried it(and I fear I just made a fool of myself as a result), but that was what I assumed.

No, the existing owning entity of the corp cannot bid. A different entity can, leaving open a counter-bid by the same player should they own their own enterprise, if it isn't the target of the original bid.

If your country owns all the shares, how does anyone 'make' you sell any?
They can't.
You need only own 50.01% to prevent anyone from taking over.

jdelch, is it your impression that this discussion is limited to public corps? Technically, your post is half right. If a country owns all the shares, an enterprise, indeed, can force a sale of a corp unless one of the conditions of my first post apply. If a country owns over 50%, but less than 100%, of a public corp, then the enterprise cannot control the corp unless the country chooses to sell shares.

National corps: No-one can bid.
State corps: CEOs can bid.
Private corps: CEOs and the hosting country can bid.
Public Corps: CEOs, countries, and investment funds can purchase shares that have been offered by the controlling entity. There is no way to force share offerings if you are not already the controlling entity. Control is retained by any non-investment-fund entity that owns more shares than any of the other non-investment-fund shareholders.

Yeah, I kinda got the gist of your post, Aries, only after I had already posted.
I can edit, but I can't delete a post.