Restructuring Proposal for Fortune 100 Borden

After establishing a relationship with Fortune 100 Borden's senior management, JAPONICA PARTNERS created a restructuring proposal to inject cash into Borden, separate the $7 billion UGLC into three distinct publicly-traded businesses, and change the culture via implementation of a superior business plan.

The proposal was designed to create entrepreneurial returns with low risk for all shareholders by closing a significant value gap based on specific nuggets of value. The entrepreneurial proposal, valued at $2.4 billion, allowed shareholders to participate in the rejuvenation of Borden.