Secondary issues and acquisitions: cash box and vendor placings | Practical Law

Secondary issues and acquisitions: cash box and vendor placings | Practical Law

This note explains the cash box structure and examines why it might be used by a listed company that wishes to issue new ordinary shares. It also looks at vendor placings, when they might be used and their advantages and disadvantages.

Secondary issues and acquisitions: cash box and vendor placings

Practical Law UK Practice Note 9-204-5083 (Approx. 13 pages)

Secondary issues and acquisitions: cash box and vendor placings

by Ashurst LLP and Raulin Amy, Ogier
MaintainedUnited Kingdom
This note explains the cash box structure and examines why it might be used by a listed company that wishes to issue new ordinary shares. It also looks at vendor placings, when they might be used and their advantages and disadvantages.