Silverlake Axis should ask IFA to push the boundaries in assessing take-private offer

Silverlake Axis should ask IFA to push the boundaries in assessing take-private offer


This will underscore the board’s independence on the matter, and signal its confidence in the value creation capacity of the company

Take-private deals are not uncommon in the Singapore market, but the offer for Silverlake Axis has a number of interesting elements.

For starters, the all-cash offer price of S$0.36 per share is one of two options that shareholders of the enterprise technology company may choose.

In lieu of the all-cash consideration, shareholders of Silverlake Axis may opt to exchange each share they hold for S$0.30 in cash plus one new redeemable preference share (RPS) in the offeror.



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Sarkiya Ranen

I am an editor for Ny Journals, focusing on business and entrepreneurship. I love uncovering emerging trends and crafting stories that inspire and inform readers about innovative ventures and industry insights.

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