Reverse merger is also known as reverse takeover, reverse buyout or reverse acquisition, referring to the listing through buying a shell—a practice quite popular several years ago in Chinese Mainland.
GOME successfully executed a reverse takeover and was listed on the Hong Kong Stock Exchange in 2004.
于2004年,国美通过反向收购成功地在香港联交所上市。
The deal is complex: it involves a reverse takeover of Vallar by a Bakrie holding company and another Indonesian firm, Recapital Advisors, using cash and share swaps valued at $3 billion.