Reverse takeover: Difference between revisions

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imported>Doug Williamson
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* [[Re-listing]]
* [[Re-listing]]
* [[Takeover offer]]
* [[Takeover offer]]
[[Category:Accounting,_tax_and_regulation]]

Revision as of 09:25, 22 August 2018

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