1 When a company seeks a listing for its shares on a stock exchange, it usually recruits...
Question:
1 When a company seeks a listing for its shares on a stock exchange, it usually recruits the assistance of a merchant bank.
(a) Explain the role of a merchant bank in a listing operation with respect to the various matters on which its advice will be sought by a company.
(b) Identify the conflicts which might arise if the merchant bank were part of a group providing a wide range of financial services.
(CIMA)
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Related Book For
Corporate Finance And Investment Decisions And Strategies
ISBN: 9780273695615
5th Edition
Authors: Richard Pike, Bill Neale
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