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DTSTAMP:20260405T140134Z
DTSTART:20190207T170000Z
DTEND:20190207T180000Z
SUMMARY:Belt and suspenders - How to run a dual-track transaction in Euro
 pe
DESCRIPTION:A dual-track process involves running an M&amp\;A sale track 
 alongside an initial public offering (IPO) track. This allows the owner 
 to make\na final decision on its preferred exit strategy late in the pro
 cess. Geographically\, dual-tracks have been popular in London\, New Yor
 k and Japan\, but they are now also seen more often on bigger deals in v
 arious parts of Europe. The panel will discuss what key\nfactors practit
 ioners need to consider in such a set-up\, in particular whether there a
 re regulatory constraints in certain jurisdictions\, what effect the dua
 l-track feature can have on timing\, whether it is good practice to use 
 different banks and advisers for each track\, and what ramifications the
  parallel processes normally have on certain aspects\, such as disclosur
 e\, the organisation of due\ndiligence and the scope of representations 
 and warranties.
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UID:e0ebdf57-f9f2-43f6-9a77-53c8cc59e4f6
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