PricewaterhouseCoopers and its local partner, Isla Lipana and Co., as independent financial adviser issued the fairness opinion
on the tender offer price of P5.50 per share.
served as financial adviser and provided a fairness opinion
to Carolina Trust, while Wyrick Robbins Yates and Ponton LLP served as legal counsel.
PSE president and CEO Ramon Monzon said the PSE has proposed to select the fairness opinion
evaluators to erase any doubts.
'In the valuation and fairness opinion
report prepared for, and submitted by, RGM and Co to RLT, it expressed the opinion that the method employed by RLT is a fair basis in determining the transaction price (and the transaction value) for the issuance of new shares in favor of GPI and MAC from an increase in the authorized capital stock,' the company said in its disclosure on Tuesday.
LLC served as financial advisor to ARMOUR and provided a fairness opinion
to ARMOUR's board of directors.
He said that doing these two things would distinguish fairness opinions
(whether provided by appraisers or others) as carrying a fiduciary responsibility, a position that is reasonable given the purpose of the fairness opinion
This opinion of Probi's board and the fairness opinion
are expected to be made public on 10 February 2014 and can thereby be included in Symrise's offer document to the shareholders in Probi.
* Growing private equity groups often find themselves with potential conflicts of interest, which a fairness opinion
can help mitigate.
This fee is often a fairness opinion
fee (FO fee) to be paid to the IB when it issues a fairness opinion
that bank issues a fairness opinion
to that company's board of
Evercore Partners provided a fairness opinion
to NYFIX's Board of Directors and Greenhill & Co provided a fairness opinion
to the NYFIX Special Committee and to NYFIX's Board of Directors.