Reverse takeover: Difference between revisions

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A reverse takeover is the acquisition of a listed company by a private company.
A reverse takeover is the acquisition of a listed company by a private company.
:<span style="color:#4B0082">'''''Reverse complexity'''''</span>
:"The reverse takeover created complexity from an M&A and listing perspective.
:It required us to issue the prospectus when we agreed the merger, but then we had to essentially delist and relist with a second prospectus when the transaction completed.
:Being large competitors, there was obviously a competition authority process as well.
:That went through a Phase 1 CMA process [a local regional-based decision] that was successful and the transaction completed early last year."
:''Adam Richford FCA FCT, Group Treasurer, Renewi, The Treasurer, August 2018, p17.''




== See also ==
== See also ==
* [[Cash shell]]
* [[CMA]]
* [[Competition]]
* [[De-listing]]
* [[De-listing]]
* [[Listed company]]
* [[Listed company]]
* [[Listing]]
* [[Listing]]
* [[M&A]]
* [[Merger]]
* [[Private company]]
* [[Private company]]
* [[Prospectus]]
* [[Prospectus]]
* [[Re-listing]]
* [[Re-listing]]
* [[Shell company]]
* [[Special Purpose Acquisition Company]]
* [[Takeover offer]]
* [[Takeover offer]]
[[Category:Accounting,_tax_and_regulation]]

Latest revision as of 07:15, 13 September 2024

A reverse takeover is the acquisition of a listed company by a private company.


Reverse complexity
"The reverse takeover created complexity from an M&A and listing perspective.
It required us to issue the prospectus when we agreed the merger, but then we had to essentially delist and relist with a second prospectus when the transaction completed.
Being large competitors, there was obviously a competition authority process as well.
That went through a Phase 1 CMA process [a local regional-based decision] that was successful and the transaction completed early last year."
Adam Richford FCA FCT, Group Treasurer, Renewi, The Treasurer, August 2018, p17.


See also