reverse takeover

British  

noun

1. finance the purchase of a larger company by a smaller company, esp of a public company by a private company

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Example Sentences

The deal, which still needs shareholder and regulatory approval, constitutes a reverse takeover because the assets are bigger than the company acquiring them.

From Reuters

The French group took majority control in 2017 in a reverse takeover that enabled Aveva to retain its London listing.

From Reuters

It took majority control of Aveva in 2017 in a reverse takeover that enabled the British company to retain its London listing.

From Reuters

In a reverse takeover to list on the Nasdaq and access the U.S. capital markets, Metamaterial Inc, a smart materials and photonics company, last year agreed to merge with Torchlight, an oil and gas producer.

From Reuters

It went public through a reverse takeover with Canada’s Data Miners Capital Corp.

From Reuters