Ernesto Ortiz, famed American corporate raider, initiates a hostile takeover of Bundesbank Freidumia (BF), the largest commercial bank in Freidumia. In purchasing 70 percent of BF’s shares, Ortiz pays a substantial premium for control. After he concludes the transaction, Freidumia outlaws any foreigner or person under foreign control from voting shares in a commercial bank corporation, thereby wresting control from Mr. Ortiz. Has a nationalization taken place? An expropriation?