When any Acquirer wants to acquire listed Company from the promoters of the listed Company through friendly takeover. This type of friendly takeover takes place with the consent of target listed company and its promoters. It’s either by way of agreement between two management or between two groups. Friendly takeover is often termed as negotiated takeover.
Rarever conducts due diligence, structures the modalities of Offer, verifies SEBI (SAST) Regulations, co-ordinates with the Stock Exchanges, assists in opening of escrow accounts, DP account, special account, etc., prepares and submits Public Announcement, Detailed Public Statement, Draft Letter of Offer, Letter Offer, Post Offer Report with SEBI and provides support with all other steps until all the open offer related formalities are met.