Overview Palamon Capital Partners is a European private equity firm operating as a generalist firm that provides expansionary or transitional funds to companies in order to let them grow and eventually go public. Palamon takes extensive measures to screen prospective companies for the desired characteristics necessary for an investment. After careful consideration, Palamon has the opportunity to invest €25.9MM in Team Systems, an Italian accounting, tax, and payroll software company, in exchange
Words: 1641 - Pages: 7
case provides an excellent vehicle for exploring and challenging the notion of optimal capital structure in theory and practice. American Home Products (AHP) is a very successful firm that has not debt in its capital structure. Because of its efficiency in asset management and its high level of profitability, AHP does not need debt to finance its operations. The case focuses on the theory of optimal capital structure and the practical problem of determining an optimal debt ratio. Questions 1
Words: 2021 - Pages: 9
* The entrepreneurial independence of offshores companies complicated the coordination and integration of activities. Allocating capital became more complex as well. * Historically, manager tried to protect their self-interest instead of cooperate with other subsidiaries. * Conflicts between regional structure of international division and product-based structure of subsidiaries. * Subsidiaries did not collaborate with GBD’s 2. How would you evaluate the organizational changes he
Words: 428 - Pages: 2
Response to Client Request ACC/541 September 2, 2013 To: From: Subject: Lease Type and Lease Structure This memo includes research on leases and lease structure. Through intensive research on the Financial Accounting Standards Board (FASB), three sub-types of leases were found for lessors to account for the leases. The three sub-types are direct financing, sales-type, and operating leases. The international accounting standards board (IASB) and FASB are proposing
Words: 1141 - Pages: 5
Ratio analysis meaning and its importance There are various analysing financial tools in an organization to analyse financial statement among them ratio analysis is also one. It is a very important tool which helps to analyse the monetary issues of the business in order to make proper financial decision within a specified period of time. Thus ratio analysis is a technique of financial analysis that determines trends and exposes strength and weakness of the firm with meaningful comparisons. Some
Words: 2983 - Pages: 12
equity / quasi equity investments. At present, UCBs have limited avenues for raising such funds and even their share capital can be withdrawn. Against this backdrop, an announcement was made in the Annual Policy Statement for the year 2006-07 to constitute a Working Group to examine the issue of share capital of UCBs and identify alternate instruments / avenues for augmenting the capital funds of UCBs. Accordingly, a Working Group was constituted under the Chairmanship of Shri N.S. Vishwanathan, Chief
Words: 11942 - Pages: 48
to make it more effective, competitive and efficient.[1] • Two such expert Committees were set up under the chairmanship of M. Narasimham. • They submitted their recommendations in the 1990s in reports widely known as the Narasimham Committee-I (1991) report and the Narasimham Committee-II (1998) Report. • These recommendations not only helped unleash the potential of banking in India, they are also recognised as a factor towards minimising the impact of global financial crisis starting in 2007
Words: 1380 - Pages: 6
eight core principles that the ASX Corporate Governance Council believes underlie good corporate governance. 1. Lay solid foundation for management and oversight-Fundamental to any corporate governance structure is establishing the roles of senior executives and the board. 2. Structure the board to add value-with a balance of skills, experience and independence on the board appropriate to the nature and extent of company operations. 3. Promote ethical and responsible decision-making-There
Words: 3384 - Pages: 14
Proposed acquisition of Molton Brown Company Limited Analysis and Recommendations & Share Valuation of L’Oréal 1. Executive Summary This report is prepared for the management of L’Oréal Company, the global leader in cosmetics and beauty products. The aim of the report is to analyse and propose recommendations to the board of L’Oréal directors in regards to their proposed acquisition of Molton Brown Ltd, a UK based manufacturer of upmarket cosmetic products. Molton Brown is fully owned
Words: 4949 - Pages: 20
5.1 Financial System Structure in Malaysia The Malaysian financial system is structured into two major categories, Financial Institutions and Financial Market. The Financial Institutions comprise Banking System and Non-bank Financial Intermediaries. The Financial Market in Malaysia comprises four major markets namely: Money & Foreign Exchange Market, Capital Market, Derivatives Market, and Offshore
Words: 8963 - Pages: 36