中文
国际大买家出手，美国上市公司环球资源Global Sources Ltd.于今日签署合并协议，投中资本证券任卖家独家财务顾问。以下为公告全文：
纽约时间，2017年5月23日 – Global Sources Ltd. （纳斯达克： GSOL）（简称“公司”）今日宣布其与Expo Holdings I Ltd（“母公司”）和母公司的一家全资子公司Expo Holdings II Ltd.（“合并子公司”）签订了一份合并协议（“合并协议”）。根据该合并协议，公司及合并子公司将合并为一家根据百慕大法律注册的股份有限豁免公司（“合并公司”），合并公司将成为母公司的全资子公司（“合并”）。
受限于合并协议规定的条款和条件，在合并生效时，公司的每股已发行普通股（“股份”）将被自动注销并转换为获得18.00美元（“合并对价”）现金的权利，合并对价不包含利息。合并对价代表公司在2017年5月22日（即公司签订合并协议之前的最后一个交易日）收盘价每股12.00美元的50.0%的溢价，以及公司股份在2017年5月22日之前30个交易日内成交量加权平均收盘价的72.65%的溢价。
合并的完成受限于惯常性的交割条件，包括公司股东的批淮以及若干其它惯常性交割条件。根据公司董事和执行主席Merle Allan Hinrich先生、他的妻子Miriam Hinrich女士以及Hinrich Investments Limited与母公司及合并子公司签订的投票及支援协定，Merle Allan Hinrich先生、Miriam Hinrich女士以及Hinrich Investments Limited同意将其持有的公司全部股份对合并协议以及合并协议拟议的交易（包括合并）的授权和批淮投赞成票。截至本新闻稿发佈之日，Merle Allan Hinrich先生、Miriam Hinrich女士以及Hinrich Investments Limited实益拥有约64.87%的公司全部已发行股份。如果合并完成，公司将成为一家私有公司，公司股份将从纳斯达克全球精选市场退市。
公司董事会（“董事会”）一致批淮了合并协议以及合并协议拟议的交易（包括合并），并且通过决议建议公司股东批淮合并协议以及合并协议拟议的交易（包括合并）。董事会在其法律顾问和财务顾问的协助下对合并协议的条款进行了谈判。
公司计划召开一次股东特别会议，尽快对合并协议以及合并协议拟议的交易进行审议和批准。关于特别会议的股权登记日、会议时间和地点等详细资讯将在最终确定后通过新闻稿发布。
投中资本证券担任董事会的财务顾问。美国佳利律师事务所担任董事会的美国法律顾问，毅柏律师事务所担任董事会的百慕大法律顾问。
关于环球资源
环球资源是一家领先业界的B2B 媒体公司，致力于促进大中华地区的对外贸易。
公司的核心业务是通过一系列英文媒体，包括环球资源网站 (GlobalSources.com)、贸易展览会、杂志及手机应用程式，促进亚洲与全球各国的贸易往来。
超过 170 万名国际买家，包括全球百强零售商中的95家，使用环球资源提供的服务了解供应商及产品的资料，说明他们在海外供应市场进行高效采购。另一方面，供应商借助环球资源提供的综合行销方案打造公司形象、获得销售机会，赢得来自逾 240 个国家及地区买家的订单。
环球资源已成立五十余年，并于 2000 年在美国纳斯达克股票市场公开上市。
安全港声明
本新闻稿包含1933年《证券法》（修订版本）第27-A条以及1934年《证券交易法》（修订版本）第21-E条规定的前瞻性声明。由于公司业务、整体经济状况的变动、以及做出该等前瞻性声明时采用的假设条件的变更等相关风险，公司的实际业绩可能与前瞻性声明中列出的业绩存在重大差异。
英文
Global Sources enters into Definitive Amalgamation Agreement. CVCapital Securities, LLC is serving as the financial advisor to the Board. Below is the announcement released by Global Sources:
NEW YORK, May 23, 2017 – Global Sources Ltd. (NASDAQ: GSOL) (the “Company”) today announced that it has entered into an Agreement and Plan of Amalgamation (the “Amalgamation Agreement”) with Expo Holdings I Ltd (“Parent”) and Expo Holdings IILtd. (“Amalgamation Sub”), a wholly-owned subsidiary of Parent, pursuant to which Amalgamation Sub and the Company will be amalgamated and continue as an exempted company limited by shares registered under the laws of Bermuda (the“Amalgamated Company”), which will become a wholly-owned subsidiary of Parent (the “Amalgamation”).
Subject to the terms and conditions set forth in the Amalgamation Agreement, at the effective time of the Amalgamation, each issued and outstanding common share of the Company (each “Share”) will be automatically cancelled and converted into the right to receive an amount equal to US$18.00 (the “Amalgamation Consideration”) in cash, without interest. The Amalgamation Consideration represents a premium of 50.0% over the Company’s closing price of US$12.00 per Share on May 22, 2017, the last trading day prior to the date that the Company entered into the Amalgamation Agreement, and a premium of 72.65% to the volume-weighted average closing prices of the Shares during the 30 trading days prior to May 22,2017.
The consummation of the Amalgamation is subject to customary closing conditions, including the approval by the shareholders of the Company, as well as certain other customary closing conditions. Mr. Merle Allan Hinrich, director and Executive Chairman of the Company, together with his wife Mrs. Miriam Hinrich, and Hinrich Investments Limited, have each entered into a voting and support agreement with Expo Holdings I Ltd and Expo Holdings II Ltd., pursuant to which each of Mr. Merle Allan Hinrich, Mrs. Miriam Hinrich and Hinrich Investments Limited has agreed to vote all their Shares in favor of the authorization and approval of the Amalgamation Agreement and the transactions contemplated by the Amalgamation Agreement, including the Amalgamation. As of the date of this press release, Mr. Merle Allan Hinrich, Mrs. Miriam Hinrich and Hinrich Investments Limited beneficially own approximately 64.87% of the total issued and outstanding Shares. If completed, the Amalgamation will result in the Company becoming a privately-held company and its Shares will no longer be listed on the NASDAQ Global Select Market.
The Company’s Board of Directors (the “Board”) unanimously approved the Amalgamation Agreement and the transactions contemplated by the Amalgamation Agreement, including the Amalgamation, and resolved to recommend that the Company’s share holders approve the Amalgamation Agreement and the transactions contemplated by the Amalgamation Agreement, including the Amalgamation. The Board negotiated the terms of the Amalgamation Agreement with the assistance of its legal and financial advisors.
The Company expects to hold a special meeting of its share holders to consider and act upon the Amalgamation Agreement and the transactions contemplated by the Amalgamation Agreement as promptly as practicable. Details regarding the record date for, and the date, time and place of, the special meeting will be included in a press release when finalized.
CVCapital Securities, LLC is serving as the financial advisor to the Board. Cleary Gottlieb Steen & Hamilton LLP is serving as U.S. legal advisor to the Board, and Appleby is serving as Bermuda legal advisor to the Board.
ABOUT GLOBAL SOURCES
Global Sources is a leading business-to-business media company and a primary facilitator of trade with Greater China.
The core business facilitates trade between Asia and the world using English-language media such as online marketplaces (GlobalSources.com), trade shows, magazines, and apps.
More than 1.7 million international buyers, including 95 of the world’s top 100 retailers, use these services to obtain product and company information to help them source more profitably from overseas supply markets. These services also provide suppliers with integrated marketing solutions to build corporate image, generate sales leads and win orders from buyers in more than 240 countries and territories.
Now in its fifth decade, Global Sources has been publicly listed on the NASDAQ since 2000.
SAFE HARBOR STATEMENT
This news release contains forward-looking statements within the meaning of Section 27-A of the Securities Act of 1933, as amended and Section 21-E of the Securities Exchange Act of 1934, as amended. The company’s actual results could differ materially from those set forth in the forward-looking statements as a result of the risks associated with the company’s business, changes in general economic conditions, and changes in the assumptions used in making such forward-looking statements.
你可能还感兴趣：
IPO加速改变了什么? | CVCapital Insights可转债的“逆袭”之路2017Q1资本市场深度数据报告|定增受限可转债受热捧亚布力中美商业领袖会议在纽约召开 | 投中资本管理合伙人陈颉受邀在跨境并购论坛致辞
尽管IPO加速，并购仍然是资本退出的主旋律丨CVCapital Insights
投中资本（CVCapital）致力打造源自中国的国际化投行，在上海、北京、深圳、香港、硅谷、慕尼黑设有办公室，重点关注TMT、消费升级、教育、医疗大健康及先进制造领域，为高速成长的各领域企业提供专业、优质、高效的投资银行服务，包括私募融资、兼并收购以及上市、退市方面的金融顾问服务。目前，投中资本业务已覆盖北美、欧洲、中东、印度、日韩等地，至今已累计完成了逾百亿美金的私募融资与并购交易。欢迎登录www.cvcapital.com，获取更多投中资本相关信息。