Data room


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Data room

A secure (physical or online) location containing confidential documents to provide investment banks and potential acquirers with necessary information for due diligence.
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Tenders are invited for Engagement of virtual data room service provider for securely hosting the documents for due diligence in relation to the strategic disinvestment of bridge and roof company
The data room will be open until early July, following which there will be a three-month period during which interested companies can submit bids for acreage.
Its industry-leading virtual data room, Merrill DataSite, ensures the right information is shared with the right people, to successful mergers and acquisitions.
24 October 2017 - Canadian virtual data room and secure document sharing solutions firm Firmex has released new research on M and A advisory fees prepared in conjunction with Divestopedia, the firm said.
Six parties including China-backed Shenhua Group have been in the data room for Rio Tinto's Hunter Valley coal business, adding more competitive tension to what was expected to be a two-horse race between Glencore and Mick Davis' X2 Resources, according to the Sydney Morning Herald.
V-Rooms said it has launched a next-generation intuitive user interface, V-Rooms Pro+, that extends its leadership and innovation in the virtual data room industry.
The company has proposed to upstream oil and gas regulator SKKMigas to open its data room for the South Natuna Sea Block B, the agency's spokesman Elan Biantoro told Reuters, noting that such requests were usually made by companies "that want to farm out their participating interests.
According to latest news, the data room of the Banque Franco-Tunisienne is again open for potential buyers to do their due diligence.
A data room is used by a company seeking debt or equity financing.
International Resource News-9 August 2010-Whitehaven Coal opens data room for purchaser enquiries(C)2010 ENPublishing - http://www.
The developer of secure document sharing and virtual data room solutions said the new version of WatchDox is designed to support large scale sharing and collaboration of business documents.
paragraph] Some experts say VDRs offer several advantages over the traditional method of inviting bidders to examine documents in a physical data room (PDR), including lower cost, faster completion of the deal and ability to better shield bidders from learning who they are bidding against.