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Glossary of Terms

Set out below is a Glossary of standard transactional terminology for private equity and corporate finance transactions. Use the filter menu if you are looking for a specific term, or to navigate the Glossary alphabetically.

Reverse takeoverA reverse takeover is where a larger unlisted company achieves a stock market listing by acquiring a smaller listed company. The acquisition is achieved by the listed company issuing new shares to acquire the unlisted company. As the unlisted company is larger than the listed one, the unlisted company has to issue so many new shares that the owners of the unlisted company end up with a controlling stake.