This panel explains what a contingent value right is and how they work, factors to consider when negotiating the terms of a CVR and highlights examples of where CVRs have been used to facilitate natural resource transactions. For those not familiar with CVRs, they are a right issued to selling shareholders by a buyer whose value depends on specific future payment triggers. CVRs can introduce increased complexity and risk, yet are an important tool for dealmakers to bridge valuation gaps and address uncertainty. CVRs are a creature of contact and, depending on the terms, can be treated as a security and listed on a stock exchange.
Guest Speakers: Jason Menard, Managing Director, Mergers & Acquisitions, Scotiabank
Moderator: Gesta A. Abols, Partner, Fasken
- 16:00 - 16:30 EST Registration
- 16:30 - 18:00 EST Seminar and Reception
This seminar is complimentary
This is an in-person seminar only
Please RSVP by filling in the form below