DOCA takeovers: the ‘third way’ for distressed Australian listed company acquisitions

While the M&A pipeline remains strong and the usual acquisition models for listed companies (takeovers and schemes of arrangement) remain active, as talk turns to economic headwinds and rising interest rates, it is worth bearing in mind the third possible pathway to acquire a listed company in a distressed context: the “DOCA takeover”.

IN BRIEF

Filed under:
Australia, Capital Markets, Insolvency & Restructuring, Litigation, Herbert Smith Freehills LLP, Australian Securities and Investments Commission
Authors:
Rebecca Maslen-Stannage , James Shirbin , Jonathan Wu
Location:
Australia
Firm:
Herbert Smith Freehills LLP
DOCA takeovers: the ‘third way’ for distressed Australian listed company acquisitions

While the M&A pipeline remains strong and the usual acquisition models for listed companies (takeovers and schemes of arrangement) remain active, as talk turns to economic headwinds and rising interest rates, it is worth bearing in mind the third possible pathway to acquire a listed company in a distressed context: the “DOCA takeover”.

IN BRIEF

Filed under:
Australia, Capital Markets, Insolvency & Restructuring, Litigation, Herbert Smith Freehills LLP, Australian Securities and Investments Commission
Authors:
Rebecca Maslen-Stannage , Jonathan Wu
Location:
Australia
Firm:
Herbert Smith Freehills LLP