Scheme document published for the recommended cash offer by Kofax for Tungsten
April 2022
On 24 March 2022, the boards of Tungsten Corporation plc and Project California Bidco Limited a newly-formed vehicle, indirectly wholly-owned by Kofax Parent Limited, announced that they had reached an agreement on the terms of a recommended cash offer pursuant to which Bidco will acquire the entire issued and to be issued share capital of Tungsten, to be effected by means of a court-sanctioned scheme of arrangement pursuant to Part 26 of the Companies Act.
Publication of the Scheme Document
The Perivan Shareholder communications team was delighted to work with Memery Crystal who acted as legal adviser and Canaccord Genuity who acted as Financial Adviser, Nominated Adviser and Corporate Broker to Tungsten on the production of the 112-page scheme and associated ancillary documents which were successfully published on 25th April.
Perivan specialise in the production and publication of financial documents relating to shareholder and investor communications for quoted companies, private companies and open and closed-ended funds.
