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Task 2 - Forage 22

This document provides an overview of the key dates and workstreams for an auction process involving two rounds. The first round involves submitting indicative bids by May 13th and includes initial due diligence, valuation analysis, and confirming bidder entity and financing. The second round begins with further due diligence and management presentations, refining valuation analysis with new information, and confirming financing sources and approvals needed for final bids due in late July.
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0% found this document useful (0 votes)
223 views

Task 2 - Forage 22

This document provides an overview of the key dates and workstreams for an auction process involving two rounds. The first round involves submitting indicative bids by May 13th and includes initial due diligence, valuation analysis, and confirming bidder entity and financing. The second round begins with further due diligence and management presentations, refining valuation analysis with new information, and confirming financing sources and approvals needed for final bids due in late July.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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CONFIDENTIAL

Overview of auction process and key workstreams

Date Event Key workstreams


Mar 19, 2020 Start of the Indicative Bid Phase Due diligence
Release of the Indicative Bid Documents ■ Conduct initial due diligence based on Indicative Bid Documents
■ Maintain Q&A log
Valuation
From 9am Apr 9, 2020 to 5pm Lodgement of Indicative Bid Questions ■ Conduct initial valuation analysis based on Indicative Bid Documents
Round 1: Apr 13, 2020 Structure and financing
Indicative Bid (HKT)
Phase ■ Confirm buyer entity (if any co-investor)
■ Initiate financing discussion
By 5pm May 13, 2020 Indicative Bids due Approvals
(HKT) ■ Confirm if any internal and regulatory approvals needed

Late May 2020 Commencement of Final Bid Phase Site visit & management presentation
Release of Process Letter Two ■ Arrange site visit and participation of management presentation
Due diligence
■ Continue to conduct due diligence based on further information
provided in data room
■ Maintain Q&A log
Valuation
Round 2: Final Bid
■ Refine valuation analysis based on financial forecasts provided
Phase Late July 2020 Final Bids due
Financing
■ Confirm financing sources
Approvals
■ Start to prepare application for internal and regulatory approvals

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