Introduction
Take-private transactions have long been a feature of the legal
landscape in the Cayman Islands, whether as a tool for acquiring a
company or in order to re-list the company on a more favourable or
convenient stock exchange.
The Companies Law (Revised) of the Cayman Islands (the
Companies Law) provides certain avenues to
take-private a Cayman Islands company - from the traditional court
approved schemes, to simpler and more cost-effective mechanism for
mergers and consolidations.
This document sets out an overview of the different options for
stakeholders and the key considerations in respect of each option
to assist in determining which mechanism might best suit the needs
of particular companies.