Examples of KPMG Fairness Opinion in a sentence
Events or information occurring after November 23, 2021, are not considered in the assessment of the financial fairness of the exchange offer.The KPMG Fairness Opinion is subject to certain additional assumptions and caveats.
A summary of the financial analyses conducted and the results thereof are included in the KPMG Fairness Opinion attached as Appendix C to this Supplemental Information.In deciding to recommend and approve the Arrangement, respectively, the Independent Directors considered, among other things, the advice and financial analyses provided by KPMG referred to above as well as the KPMG Fairness Opinion.
The quantity shall decrease by a linear factor of 1,74% compared to the average annual total quantity of allowances issued by Member States in accordance to the Commission’s decisions on their national allocation plans for the period 2008-2012.
A complete reading of the attached KPMG Fairness Opinion is required to understand the underlying analyses and results.KPMG will receive customary fees for preparing the Fairness Opinion.
The KPMG Fairness Opinion does not constitute a recommendation to any Norsat Shareholder as to how such Norsat Shareholder should act or vote on any matters relating to the Arrangement.
Part III considers the whistleblower policies of Australia’s largest 200 listed companies, analysing the breadth of the voluntary promises made by companies against current statutory benchmarks and guidelines.
The KPMG Fairness Opinion complies with the standard IDW S8 “Principles for the Preparation of Fairness Opinions” issued by the IDW.In its Fairness Opinion dated November 23, 2021, KPMG concludes that, subject to the assumptions and restrictions contained therein and at the time the Fairness Opinion was issued (i.e. on November 23, 2021), the Exchange Ratio of 0.8244 HoldCo Offer Shares for one ADVA Share is fair, from a financial point of view, for the ADVA Shareholders within the meaning of IDW S8.
KPMG then provided the Independent Directors with a detailed presentation on the basis for the KPMG Fairness Opinion and discussed that opinion with them.
The full text of the KPMG Fairness Opinion, which sets forth, among other things, assumptions made, procedures followed, information reviewed, matters considered, methodologies employed and limitations on the scope of the review undertaken, is attached as Appendix C.
KPMG provided its written opinion to the effect that, and based upon and subject to the assumptions, limitations, qualifications and other matters contained in the KPMG Fairness Opinion, as at March 24, 2017, the consideration to be received by the Norsat Shareholders pursuant to the Arrangement is fair from a financial point of view to the Norsat Shareholders.