Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Has RBTT received financial advice with respect to the per share consideration?

0
Posted

Has RBTT received financial advice with respect to the per share consideration?

0

Yes. In deciding to approve the terms of the Combination Agreement and recommend that RBTT shareholders vote in favour of the amalgamation resolution, the Directors considered the (i)advice and fairness opinion of Credit Suisse and (ii)fairness opinion of Merrill Lynch. The fairness opinions each conclude that the per share consideration is fair, from a financial point of view, to the RBTT shareholders. The fairness opinions are summarised in the Circular under Part11 (“Fairness Opinions”), and the full texts of the fairness opinions which set forth the assumptions made, information reviewed, matters considered and limitations on the scope of the reviews undertaken are attached as Appendix “B” and Appendix “C” to the Circular. RBTT shareholders are urged to, and should, read each fairness opinion in its entirety. Credit Suisse and Merrill Lynch provided their fairness opinions to the directors solely for their information in connection with their evaluation of the per share considerati

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123