Carey Olsen has advised Tapir Holdings Ltd. ("Tapir"), an entity listed on the Bermuda Stock Exchange (BSX Ticker: TPH.BH) on its US$87 million acquisition of shares in Rendeavour Holding Limited, an exempted company organised and existing under the laws of Bermuda (the "Acquisition").
As part of the generation of funding and the consideration for the Acquisition, Tapir issued a total of 202,662,602 new ordinary shares, which were admitted for listing on the Mezzanine Market of the Bermuda Stock Exchange by way of subsequent listing (the "Listing").
Carey Olsen Bermuda Limited advised Tapir on all Bermuda law aspects of the Acquisition and Carey Olsen Listing Services Bermuda Limited acted as listing sponsor to Tapir in relation to the Listing. Clairen BSX Services Limited acted as trading member to Tapir.
The Carey Olsen team was led by partner Steven Rees Davies and assisted by associate George McCallum.