Client Focus | Success Stories MG Technologies MG Technologies, a German manufacturer, decided to divest its chemical business, but was concerned that the complexity of the sale would slow due diligence to a crawl. Intralinks ® helped the company shop the chemical assets to the maximum number of bidders in the minimum amount of time, and earn top value for its shareholders. The Situation In October, 2003, MG Technologies declared it would sell its chemical business, which included six assets. More than 170 investors across Europe and North America were identified as possible buyers of either the whole chemical business or parts of it. The company hoped to raise more than €2 billion and complete the sale in the shortest time possible — the company’s CEO declaring the need for swift

Join for free to read