Case Studies
Case Study 3
One of Australia's leading banks was working to spin-off a non-profitable subsidiary when a hostile competitor began to campaign to hinder the project. Requiring extensive background information on the competitor, the bank asked Diligence to investigate the company and provide analysis on how its shareholders would be targeted.
Diligence carried out an extensive review of the competitor utilizing high-level sources within the financial and business communities, as well as first-hand knowledge from managers of other financial institutions who had previous contact with the company. Diligence's findings allowed the client to develop a precise, preemptive attack strategy against the competitor, as well as an extensive defense plan to guard against future hostile actions. The result was the successful spin-off of the subsidiary.