SEMINAR REPORT CROSS BORDER MERGERS & ACQUISITIONS INTRODUCTON Mergers and acquisitions (abbreviated M&A) refers to the aspect of corporate strategy‚ corporate finance and management dealing with the buying‚ selling‚ dividing and combining of different companies and similar entities that can aid‚ finance‚ or help an enterprise grow rapidly in its sector or location of origin or a new field or new location without creating a subsidiary
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Memo To: Apax Partners and Hicks‚ Muse‚ Tate & Furst From: Subject: Valuing a Cross-Border LBO: Bidding on the Yell Group Date: April 9‚ 2014 Yell Group‚ a holding company created by British Telecom (BT)‚ has two business divisions located in two different countries: Yellow Pages business in the U.K. and Yellow Book business in the U.S. Recently‚ BT is under pressure to reduce heavy debt load through outright sale of directories
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7 Research Paper No. 1518 CROSS-BORDER KNOWLEDGE TRANSFER AND PERFORMANCE IN EMERGING ECONOMIC REGIONS: THE CASE OF JAPANESE INTERNATIONAL JOINT VENTURES IN CHINA TAKEHIKO ISOBE UNIVERSITY OF MARKETING AND DISTRIBUTIONSERVICES KOBE‚ JAPAN SHIGE MAKINO THE CHINESE UNIVERSITY OF HONG KONG DAVID B. MONTGOMERY Stanford University September 8‚ 1998 CROSS-BORDER KNOWLEDGE TRANSFER AND PERFORMANCE IN EMERGING ECONOMIC REGIONS: THE CASE OF JAPANESE INTERNATIONAL JOINT VENTURES IN CHINA1
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After evaluating Hertz‚ we recommend that Carlyle Group purchase Hertz for at least $2.3 billion. If they want to achieve a 20% return‚ they should offer $5.2 billion. A higher offer price is recommended due to the competitive nature of the dual-track process. The dual-track process has created a rather interesting environment for potential investors. Not only are investors competing with each other‚ but if the case that a deal is not worked out then Ford has made provisions for the company to be
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Cross-Border Mergers and Acquisitions: The Role of Private Equity Firms Mark Humphery-Jenner University of New South Wales Zacharias Sautner University of Amsterdam Duisenberg School of Finance Jo-Ann Suchard University of New South Wales This draft: July 2012 Abstract: We study the role of private equity firms in cross-border mergers and acquisitions. We find that private equity-backed firms are more likely to become targets in crossborder M&A transactions. This effect is particularly
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Cross-Border Intellectual Property Litigation 1. What is the territoriality principle and how does it impact cross border intellectual property litigation? Throughout history‚ we have witnessed the territorial conception of national and international intellectual property law face an array of global challenges. According to the principle of territoriality‚ the possibility of protecting an IP right is limited to the territory of the country where the right is granted. In other words‚ it is fundamentally
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are ill equipped to deal with cases of a cross-border nature. This would result in inadequate and inharmonious legal approaches‚ which hamper the rescue of financially troubled businesses‚ are not conducive to fair and efficient administration of cross-border insolvencies‚ impede the protection of assets of the insolvent debtor against dissipation‚ and hinder maximization of the value of those assets. 2. Definition of “cross-border” insolvency Cross-border insolvency is a term used to describe circumstances
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Hidden Challenges of Cross Border Negotiation Sebenius in this article explicates his business experiences and offers pragmatic advice on how to foresee and overcome barriers to a successful cross-border negotiation. James Sebenius‚ in giving view of his experiences‚ explains that it would not be of one choice to make the error of presenting a feasible Saudi Arabian client with one profitable kind of offer done up in pigskin binder‚ as this is thought about nefarious and bad by lots of Muslims
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the neo-liberal economic regime. The intensity of cross-border operations recorded an unprecedented surge since the mid-1990s and the same trend continues. Earlier‚ foreign firms were satisfying their market expansion strategy through the setting up of wholly owned subsidiaries in overseas markets which has now become a ‘second best option since it involves much time and effort that may not suit to the changed global scenario‚ cross-border mergers and acquisitions became the ‘first-best option’
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Cell Yell In this generation‚ people tend to speak their mind regardless of their surroundings. Thinking back to a few years ago‚ everything was private. Not too many people were broadcasting personal business in public settings. Nowadays when using public transportation services‚ it’s rather annoying to hear the next person’s conversation. What ever happen to keeping your conversation private? Privacy plays an important role in my life. Everything isn’t for everyone to hear‚ see‚ or understand
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