reverse takeover


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reverse takeover

n.
A takeover of a larger company by a smaller company, especially one involving a scheme to convert a private company into a public one or to relocate a company to another jurisdiction that results in the owners of the acquired company having a controlling interest in the merged company. Also called reverse acquisition, reverse merger.

reverse takeover

n
(Commerce) finance the purchase of a larger company by a smaller company, esp of a public company by a private company
References in periodicals archive ?
Dubai: London Stock Exchange-listed Al Noor Hospitals Group PLC on Tuesday confirmed it has received a aACAyhighly preliminary' indication of interest from Abu Dhabi-based VPS Healthcare Group, following its proposed reverse takeover of South Africa's Mediclinic International Ltd last week.
The Financial Conduct Authority ruled the new acquisitions made by Worthington constituted a reverse takeover of the company, as the deals will make it a "fundamentally different business".
WRAGGE & Co's Public Companies team has completed the reverse takeover of cloud service provider Nasstar.
There are quite a few companies that are asset-rich but have no source of liquidity," said Andrew Rickards, CEO of property giant Yoma, listed on the SGX since 2006 through a reverse takeover,
with the restructure and reverse takeover and have requested the lifting
A pre-IPO share buyback, a reverse takeover or a post-IPO share swap between NC KMG and KMG EP are, in our opinion, likely to be executed at fair terms.
PhotonStar, which was formed last December with the reverse takeover of Swansea-based Enfis, will pay up to pounds 375,000 for Camtronics.
It will be remembered that the Panel twice ruled in favour of Noble Group against the reverse takeover of Gloucester Coal that would have resulted from Gloucester's bid for Whitehaven Coal.
Horizonte will buy the Araguia project through a reverse takeover of Teck Cominco Brasil, a wholly-owned Teck subsidiary.
The pounds 200m float was achieved through a reverse takeover by Freedom4 - part of the former Pipex telecoms firm - which has now changed its name to Daisy Group.
MIDAS Capital Partners, which was set up by Ormskirk investment expert Simon Edwards six years ago, has achieved a stock market listing with the pounds 140m reverse takeover of London's Iimia Miton Optimal.
The reverse takeover deal with Interactive, which supplies adult content to mobile phone users, will see Sport Newspapers become a public company via a listing on the Alternative Investment Market.