Baker first in TSE-ASX transaction

13 July 2018

2197

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 subscriber subscriber subscriber subscriber to read this content, please subscribe subscribe subscribe subscribe today.

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

Resources

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。

You must be a subscriber subscriber subscriber subscriber to read this content, please subscribe subscribe subscribe subscribe 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。