CASE STUDY Merger of Perdigao & Sadia TABLE OF CONTENTS Food Sector 1 Analysis of Perdigao 2 Analysis of Sadia 3 Motives for Merger & Strategic Fit 3 Quantitative Analysis 5 Treatment of Tag-Along Shares 5 DCF Valuation 6 Weighted Average Cost of Capital 6 Stand-Alone Scenario 7 Offer Price & Swap Ratio 7 Sensitivity Analysis 8 Base Merger 8 Optimistic Merger 9 Pessimistic Merger 9 Scenario Analysis 9 Plan to Action
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in part based on their high ethical principles and the integrity experienced conflicts in the services they sell. As the conditions of the market have changed, which included the emergence of information technologies and a boom in mergers and acquisitions, Anderson began to see the conflict between its audit and consultation partners. Anderson and Company has sold the audit and consulting services. Problems can occur to the extent that the society of the audits themselves are required to pay a tax
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01 Technical takeovers, and managing relevanT To acca QualificaTion paper p3 1 Market growth, for example, by taking over a competitor. This could produce synergy through economies of scale and efficiency gains, and can decrease the threat from competitors. Both of these should help to increase shareholder wealth. There is, in theory, relatively little risk as the company is staying on its home territory which it knows well, but see the information about the Morrison’s – Safeway merger on
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Chapter 7 Cultural Diversity in Cross-Border Alliances Susan E . Jackson Randall S . Schuler Introduction Increasingly, firms are using cross-border alliances to strengthen and maintain their position in the market place . Although often seen as a relatively fast and efficient way to expand into new markets and incorporate new technologies, the success of cross-border alliances is by no means assured . To the contrary, such alliances often fall short of their stated goals and objectives
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review ........................................................................................................................................... 9 2.1 International mergers and acquisitions ................................................................................................. 9 2.2 Mergers and acquisitions’ experience and performance implications .......................................... 10 2.3 The impact of the type of distance on the merger and acquisition’s learning process ....
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strong majority of its revenue from their wireline segment, and will therefore have to eventually undergo the process of shifting to wireless. Demographics also play a large role in the success of a company. While Verizon has acquired most of its customers in the densely populated northeast region, Qwest covers the West and Northwest. This western population is less dense and uses landlines more frequently than wireless. Economically, communications have undergone an industry wide decline. After
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able to be used with Paragon machines. This would mean a huge cost with the possibility of having to let go of employees by downsizing to try and stay afloat. On the other hand if it was successful the merger would bring in more employees, more customers, and just make the company better in general. Problems with merger also includes the current CFO William Littlefield who is very opposed to the merger, and Paragon Tools would have to consider the cost of losing him as well as hiring another knowledgeable
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OVERVIEW OF DAIMLERCHRYSLER KNOWLEDGE MANAGEMNT STRATEGY Chrysler and Daimler has merged together in 1998 while both of these companies had different knowledge management structure they both used it in such a way to emerge. Chryslers Has faced financial troubles in the early of 1990’s, which made them aware of the knowledge management issues. In 1970’s and 1980’s experienced Layoffs, plants closing and budget cuts. To eliminate this problems company hired heavy teams with cross-functional responsibilities
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an eight billion dollar industrial cleaning and sanitation industry. As per the scenario, the principal stakeholders are trying to increase the profitability of the company through change in the business strategy and by the acquisition of a new company EnviroTech, an acquisition that is in-line with new business strategy and bound to achieve the targeted profitability of 40%.(University of Phoenix, 2008). Based on the decisions of David (President and CEO), the HR have taken immediate steps at performing
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Company Background In 1979 Garth Drabinsky and Nathan Taylor formed Cineplex. From early on Cineplex saw itself as a niche player. They used small screens to show specialty movies and they employed this strategy not to challenge major chains, but to compliment them. Cineplex did well primarily because of their concept for carefully planned use of shared facilities. With this success they began to expand across Canada with a very rapid rate of expansion. During this expansion however they amassed
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