1.   It is common to seek a whitewash in a reverse takeover where the shareholders of the target company will end up holding a controlling interest in the acquiring company.

2.   Australis earlier this year negotiated a reverse takeover of its rival Foxtel.

3.   In a reverse takeover, Veba would be unable to block the transaction, according to analysts.

4.   Last year it broke off talks to merge with British Telecommunications Plc in a reverse takeover.

5.   This approval process would be avoided in a reverse takeover, the analysts said.

6.   This was followed by a reverse takeover of United Friendly Group Plc by Refuge Group Plc.

7.   However, there were also corporate deals which failed to be concluded such as the reverse takeover of Ayamas.

8.   The reverse takeover would have made the company an independent power producer.

9.   U.S. State Department demands Serbian government reverse takeover of pharmaceutical company.

10.   Munir said reverse takeovers and back door listings are prohibited as long as the companies are quoted on MESDAQ.