Department of Treasury and Finance · Awarded contract

Awarded

Engagement of Investec Bank (Australia) Limited for Sale Advisory Services for TOTE Tasmania

Awarded 30 Aug 2011

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Awarded30 Aug 2011

Value$1,870,000.00

SupplierInvestec Bank (Australia) Limited

AgencyDepartment of Treasury and Finance

StateTAS

CategoryConsultancy & Legal

Ended 14y 7mo ago6mo term

Awarded 30 Aug 2011Expired 28 Feb 2012

About

Department of Treasury and Finance awarded a contract to Investec Bank (Australia) Limited for acting as sale adviser for the sale of TOTE Tasmania.

The contract covered advising on the sale process, conducting business valuation(s) and negotiation strategies; identifying and liaising with potential buyers as required; supporting the due diligence process and providing materials for potential buyers as required; evaluating offers; assessing the retention value of the business; and performing other tasks the Department determined to be reasonably expected of a sale adviser in the normal course of a comparable sale.

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