Examples of Speyside Equity in a sentence
Two of the nine parties contacted, including Speyside Equity, submitted proposals for the acquisition of Opta Minerals.
It was proposed during the course of negotiations with Speyside Equity that Oakwest Corporation Limited (a corporation controlled by Mr. Austin Beutel, a director of Opta Minerals) and the Rollover Shareholder (a corporation associated with Mr. Bernhard Rumbold, a director and officer of Opta Minerals) each retain an interest in Opta Minerals.
On June 19, 2015, Speyside Equity entered into a confidentiality agreement with Opta Minerals and commenced its due diligence review of Opta Minerals and its business, operations and assets.
Speyside Equity emerged as the leading bidder in July 2015 and Opta Minerals entered into an exclusivity undertaking with Speyside Equity.
Over the course of the next number of months Opta Minerals, SunOpta, the Rollover Shareholder and Speyside Equity continued to negotiate the terms and conditions of the Acquisition Agreement and other ancillary agreements.
At this point, Mr. Rumbold resigned from the Special Committee due to his potential interest in a transaction with Speyside Equity and the Special Committee continued to operate thereafter with two independent directors, namely, Messrs.
At the request of Opta Minerals, from May 2015 to June 2015, the Financial Advisor contacted three new parties, including Speyside Equity, and six parties that had previously expressed an indication of interest in acquiring Opta Minerals.
As such, after further negotiations among Speyside Equity, Opta Minerals, SunOpta and the syndicate of lenders, it was determined that the consideration offered by the Acquiror for the Opta Shares pursuant to the Amalgamation would include Subordinated Notes of Amalco, and SunOpta irrevocably agreed to receive such Subordinated Notes under the Cash and Note Option.