Case #2  Assisting a TSX company acquiring four companies

                      in China

	The Challenge
	A TSX listed company is stuck in the mining license transfer process in China. Its production subsidiary is losing millions of dollars a year. It had a weak management team on the ground in China and not experienced with government relationship which is critical for mining license transfer.

	Solutions provided by DoubleOcean
	DoubleOcean helped the company to form a strategy of growing through strong local partnership. We helped to screen acquisition candidates and negotiated letter of intent. Financial modeling was conducted to analyze the valuation of the targeted companies during the negotiation. We also led the financial due diligence on the four target companies.

	Benefits to the Client
	The company was able to form a partnership with the largest producer and acquired the largest distribution network in the industry. Through the acquisition, the company was able to bring in Chinese management talents who are adept at dealing with Chinese governments, customers and vendors.

Copyright (C) DoubleOcean . All Rights Reserved.