Independent expert's reportsProviding credible, independent advice for proposed transactions |
An Independent Expert’s Report (IER) provides impartial and credible advice to investors. It is presented clearly and concisely and contains:
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a summary of the proposed transaction
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a description of the purpose and objectives of the report, including a discussion of the basis for providing an opinion
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an analysis of the businesses involved
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a description of the industries in which those businesses operate
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detailed analysis of the proposed transaction, usually including a valuation of one or more entities
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an opinion as to whether the contemplated transaction is fair and reasonable or in the best interest of investors as a whole.
The primary purpose of IERs is to protect minority investors, in particular where there is a potential conflict of interest for their board or individual directors.
Independent expert's reports