From: Peter Mandelson
To: mjeevacation@gmail.core <jeevacation@gmail.com>
Subject: Fw: negotiation
Date: Wed, 11 Jan 2012 21:45:33 +0000
What do you think ?
From: Benjamin Wegg-Prosser
Sent: Wednesday, January 11, 2012 08:05 PM
To: Peter Mandelson
Subject: Re: negotiation
What's his view on price:
2011: ??1m rev, ??150k profit, 15% margin - actuals
2012: ??2m rev, ??600k profit, 30% margin - budget hit Q1targets already
2013: ??3m rev, ??900k profit, 30% margin - budget.
From: Benjamin Wegg-Prosser
Sent: Wednesday, January 11, 2012 07:28 PM
To: Peter Mandelson
Subject: RE: negotiation
that is basically the plan. We have a draft Term Sheet.
From: Peter Mendelson
Sent: 11 January 2012 19:27
To: Benjamin Wegg-Prosser
Subject: negotiation
JE suggests Lazard sd buy less than 50% now with the obligation to buy the rest over some period less than 5 years using a
formula to be determined today.
Disclaimer
This email and any attachments to it may be confidential and are intended solely for the use of the individual to whom it is addressed. My views or opinions
expressed are solely those of the author and do not necessarily represent those of Global Counsel LLP. If you are not the intended recipient of this email, you must
neither take any action based upon its contents, nor copy or show it to anyone. Please contact the sender if you believe you have received this email in error. Global
Counsel LLP is a limited liability partnership registered in England with number OC3597137, registered office 27 Farm Street. London W1J 5RJ.
Disclaimer
This email and any attachments to it may be confidential and are intended solely for the use of the individual to whom it is addressed. My views or opinions
expressed are solely those of the author and do not necessarily represent those of Global Counsel LLP. If you are not the intended recipient of this email. you must
neither take any action based upon its contents. nor copy or show it to anyone. Please contact the sender if you believe you have received this email in error. Global
Counsel LLP is a limited liability partnership registered in England with number OC359787. registered office 27 Farm Street, London W1J 5RJ.
Disclaimer
This email and any attachments to it may be confidential and are intended solely for the use of the individual to whom it is addressed. My views or opinions
expressed are solely those of the author and do not necessarily represent those of Global Counsel LLP. If you are not the intended recipient of this email. you must
neither take any action based upon its contents, nor copy or show it to anyone. Please contact the sender if you believe you have received this email in error. Global
Counsel LLP is a limited liability partnership registered in England with number OC359787. registered office 27 Farm Street. London W1J 5RJ.
EFTA00687154