Re: Hmmm..... Aquisition? Sovereign Weatlth Funds? Governments?
in response to
by
posted on
May 28, 2014 04:37PM
Keep in mind, the opinions on this site are for the most part speculation and are not necessarily the opinions of the company WITHOUT PREJUDICE
From SWF website, I underlined and bolded the sentence that is bolded in the excerpt;
The role of the existing management of target companies.
Whereas in a commercial acquisition situation, where one company is acquired by another, it is often the case that the acquiring company replaces the existing management of a target company. In situations where the acquisition is made by sovereign wealth funds it is more often the case that the existing management is retained in position. For this reason it is necessary for there to be a positive dialogue between the management of target companies and the potential purchasers of that company. It is also necessary that the existing management of the target company appreciate and understand both the positive and the negative data which a potential investor may use in respect of the acquisition decision.