Baker first in TSE-ASX transaction

0
2231
Tokyo-Stock-Exchange-listed-LIFULL-on-its-US$187-million-acquisition-of-the-Australian-Stock-Exchange-listed-Mitula-Group
LinkedIn
Facebook
Twitter
Whatsapp
Telegram
Copy link

Baker McKenzie advised Tokyo Stock Exchange-listed LIFULL on its US$187 million acquisition of the Australian Stock Exchange-listed Mitula Group.

The first-of-a-kind scheme of arrangement transaction will create a leading global online classifieds and marketplaces group in 63 countries with 170 million visits per month giving customers access to more traffic, products and services. The consideration reflects an 88% premium to the closing price of Mitula shares on the ASX for those receiving shares.

Mitula shareholders will receive cash of up to A$16,000 (US$11,800) per shareholder, and will receive LIFULL shares for any holding in excess of this, or if they would prefer to not receive cash.

You must be a subscribersubscribersubscribersubscriber to read this content, please subscribesubscribesubscribesubscribe today.

For group subscribers, please click here to access.
Interested in group subscription? Please contact us.

你需要登录去解锁本文内容。欢迎注册账号。如果想阅读月刊所有文章,欢迎成为我们的订阅会员成为我们的订阅会员

已有集团订阅,可点击此处继续浏览。
如对集团订阅感兴趣,请联络我们

LinkedIn
Facebook
Twitter
Whatsapp
Telegram
Copy link