All-star Vallares launches with support
Vallares, the second Nat Rothschild cash shell and third in the same Credit Suisse-designed structure, launched a £1bn offer on Thursday in a deal that has already brought in investor support. The company has an all-star cast of founders, directors and management led by chief executive Tony Hayward.
CS is global co-ordinator and joint bookrunner along with JP Morgan while Evolution Securities is co-lead manager.
The success of Vallar, last summers £700m Nat Rothschild cash shell, in quickly executing a business combination with Indonesian coal miner Bumi has proved the structure which has not been changed, said
Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: email@example.com
To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: firstname.lastname@example.org or find out more online here.