Reverse takeover: Difference between revisions
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* [[Re-listing]] | * [[Re-listing]] | ||
* [[Shell company]] | * [[Shell company]] | ||
* [[ | * [[Special Purpose Acquisition Company]] | ||
* [[Takeover offer]] | * [[Takeover offer]] | ||
[[Category:Accounting,_tax_and_regulation]] | [[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.