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The new entity's launch was not so much an I.P.O. as a complex R.T.O., or reverse takeover, involving a Canadian shell company called Bradmer Pharmaceuticals.
Instead, a reverse takeover is under way.
Management had suffered a reverse takeover.
A sort of reverse takeover could be going on.
He said he would now embark on promoting the £36.4m reverse takeover to the remaining shareholders.
It's essentially a reverse takeover, as Handler will lead the combined group.
HSBC is the financial adviser and sole sponsor of the reverse takeover.
Vedanta commented that "should a transaction with Cairn India proceed, it could potentially be considered a reverse takeover".
A few months later, following Belgo's £9.8m reverse takeover by cash shell Lonsdale Holdings, he breached City regulations again.
To use business terminology, we have witnessed something akin to a reverse takeover of the Labour party.
The agreement, effectively a reverse takeover of Aveva, would have left it less vulnerable to the tumbling price of oil.
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