
We were approached by the advisors of a major Danish manufacturer faced with an unwelcome bid from a North American competitor. Working closely with the manufacturer's banking and PR advisors, we helped to identify areas of weakness in the competitor's bid.
By searching through public records and media archives from two continents and undertaking enquiries across North America, we uncovered a number of major vulnerabilities.
The competitor was tainted by a close association with discredited public officials and dubious businessmen. The company's founder had been labelled a racist and there appeared to be a significant pattern of acquisitions which had resulted not in turnarounds, but in closures and commercial failure. The Board was made up of a coterie of the founder's cronies, further calling effective corporate governance into question. We also looked at the company's regulatory, environmental, labour and workplace safety records. The information we uncovered proved to be a significant factor in the Danish company's successful defence of the bid.
