Case Study Preparation Questions Valuing a Cross-Border LBO: Bidding on the Yell Group Shiyu Liu 1. Include a paragraph to summarize the case. A group of private equity investors – Apax Partner and Hick Muse are two private equity firms that are interested in buying the Yell Group. Yell Group comprises of two businesses that operated in both the United States and the United Kingdom. Yellow Pages is a classified directory business in the UK while Yellow Book is an independent directory business
Premium Leveraged buyout Private equity Corporate finance
1890-1938: The early years IBM was incorporated in the state of New York on June 15‚ 1911 as the Computing-Tabulating-Recording Company. But its origins can be traced back to 1890‚ during the height of the Industrial Revolution‚ when the United States was experiencing waves of immigration. The U.S. Census Bureau knew its traditional methods of counting would not be adequate for measuring the population‚ so it sponsored a contest to find a more efficient means of tabulating census data. The
Premium IBM Computer
I CCFY MADE ON BEHALF OF Frito-Lay‚ Inc. - Sun ChipsTM Multigrain Snacks I 6 Au3hsf -‚ - k07 NUS Gusinass School In mid-1990‚ Dr. Dwight R. Riskey‚ Vice President of Marketing Research and New Business at Fritu-Lay‚Inc.‚ assembled the product management team responsible for Sun Chipsm Multigrain Snacks. The purpose of the all-day meeting was to prepare a presentation to senior Frito-Lay executives on future action pertaining to the brand. Sun Chipsm Multigrain Snacks is
Premium Marketing Product management Potato chip
• The Beginning and Growth of Kraft Foods - The year was 1903‚ the horse and wagon was hired‚ the lad of cheese which had been purchased‚ and the entire enterprise was started on $65 capital. - The driver was James L. Kraft‚ and J.L and his horse Paddy are the historic “co-founders” of Kraft Foods‚ now a division of National Dairy Products Corporation. - In the beginning‚ J.L drove to the market early each morning and selected the best cheeses available‚ which he then peddled to the
Premium Kraft Foods Processed cheese
CHAPTER – 1 THE RESEARCH METHODOLOGY 1.1 Introduction 1.2 Title of the Problem 1.3 Review of literature 1.4 Objectives of the Study 1.5 Data Collection 1.6 Selection of Samples 1.7 Period of the Study 1.8 Hypothesis of the Study 1.9 Tools of Analysis (A) Ratio Analysis (B) Statistical Techniques • Average • Index Number • The Standard Deviation • Student – T – Test 1.10 Significance of the Study 1.11 Outline of Chapter Plan 1.12 Limitations of the
Premium Mergers and acquisitions
Executive summary 2 PART 1: Valuation of the Yell Group 3 LBO Potential 3 Financial structure 3 Ownership structure 4 Potential cultural differences 4 Valuation 4 PART 2 : Readings 10 Bond prices and takeovers 10 Abnormal Bond Returns 10 Impact on bond returns of different legal standards in case of cross-border acquisitions 11 Sources of financing takeovers 11 References 14 Executive summary The Yell group is consists of BT Yellow Book Yellow Pages USA and
Premium Finance Debt Corporate finance
4 May‚ 2013 Investment Banking Benchmark Bond Offering Case Belgacom The Inaugural Institutional Benchmark Bond Offering Alizée Hardy Orea Lika Rossella Miccolis Yasmine Nouri Margaux Vandenbossche For Lecturer Yassine Boudghene Assistant Quentin Bodart Case context § In 2006 Belgacom acquisition of the remaining 25% stake in Proximus that Vodafone owned. § Consideration was EUR 2bn § Financed by cash and EUR 1.8bn “1y bridge loan facility” § The debt is taken out by
Premium Bond Debt Bonds
Affirmative Action as Racial Discrimination The controversy over affirmative action is growing to embody most all selective decisions in American society. From public protection to college admissions‚ people are becoming resentful of such affirmative action programs. The applicability of these programs in today ’s American society has been challenged by people ranging from the everyday "Joe"‚ who is finding reverse discrimination in the workplace‚ to college applicants‚ who are finding that it
Premium Affirmative action Discrimination
USE OF MASSCOTS IN ADVERTISING Table of Contents 1) Title 2) Table of contents 3) Key words 4) Objective and purpose of the study 5) Introduction 6) Literature Review 7) Hypothesis 8) Methodology 9) Analysis of data with regards to hypothesis so assumed earlier 10) Findings 11) Inferences 12) Conclusion and result 13) Bibliography 14) Appendix Keywords Mascots - A person‚ animal‚ or object believed to bring good luck‚ especially one kept as the symbol of an organization such as a
Premium Brand Advertising
that show predictable cash flows‚ have good management teams in place‚ have well-developed niche markets‚ and are located in Texas and the Southwest. This strategy suits its position as a first-time fund because this geographic area is underserved by LBO firms. Additionally‚ the existence of dependable cash flow and management make it easier to acquire debt financing and increase leverage. GTT offered merits for both sellers and Brazos. It gave sellers a way to cash out if they desired‚ while allowing
Premium Asset Investment Balance sheet