Sökning: "Takeover Premium"

Visar resultat 1 - 5 av 19 uppsatser innehållade orden Takeover Premium.

  1. 1. Success Determinants of Nordic Tender Offers

    D-uppsats, Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Författare :Andrei Shakolin; Oleksandr Mliievskyi; [2023]
    Nyckelord :Tender Offer; Takeover; M A; Bid Premium; Nordic;

    Sammanfattning : The study of 180 tender offers occurred between 2009 and 2023 tests how a set of specific factors affects the probability of the successful completion of the tender offer and compares the results with the industry views on the topic. The study shows that the probability of success of the tender offer is increased with bid premium size and irrevocable commitments, while factors like due diligence condition and entering the process as an interloper negatively affect the probability of success of the bid. LÄS MER

  3. 2. Stub equity vid offentliga uppköpserbjudanden : Förfarandets förenlighet med Takeover-reglerna, i synnerhet den aktiemarknadsrättsliga likabehandlingsprincipen

    Uppsats för yrkesexamina på avancerad nivå, Uppsala universitet/Juridiska institutionen

    Författare :Mattias Lorentzon; [2022]
    Nyckelord :stub equity; public takeover bids; principle of equal treatment of shareholders; stub equity; likabehandlingsprincipen; offentliga uppköpserbjudanden; Takeover-reglerna;

    Sammanfattning : Offentliga uppköpserbjudanden på den svenska aktiemarknaden sker främst med kontantvederlag, ofta förenat med aktievederlag. Som alternativ till sådant vederlag kan budgivaren erbjuda målbolagets aktieägare ”stub equity” med vilket avses det fall budgivaren erbjuder målbolagets aktieägare en begränsad mängd aktier i ett särskilt onoterat holding- eller budbolag, vilket i sin tur efter det offentliga uppköpserbjudandet innehar samtliga aktier i målbolaget. LÄS MER

  4. 3. On Bond Provisions and M&A Activity

    D-uppsats, Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Författare :Johan Rudengren; Lucas Johnson; [2022]
    Nyckelord :Callable Bonds; Bond Covenants; M A; Acquisition Premium; Debt Overhang;

    Sammanfattning : The share of bonds issued with a call provision has increased during the last 20 years. We find that companies with callable bond debt are more likely to become takeover targets. LÄS MER

  5. 4. Are Acquirers Willing to Pay More for Strong ESG Performance?

    C-uppsats, Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Författare :Nadine Kranck; Sofie Lehtimäki; [2020]
    Nyckelord :Mergers and Acquisitions; Takeover Premium; ESG; CSR; Sustainability;

    Sammanfattning : We examine whether environmental, social and governance (ESG) performance impacts European companies' deal premiums in 171 control bids during the past 10 years (2010-2019). Our sample consists of bids where an acquirer is seeking a majority stake of a public target firm for a transaction value exceeding USD 100 million. LÄS MER

  7. 5. The Economic Impacts of M&A Announcements of Non-Software Acquiring firms & Software Target firms : An Event Study Approach

    Uppsats för yrkesexamina på avancerad nivå, Blekinge Tekniska Högskola/Institutionen för industriell ekonomi

    Författare :Vincent Lam; [2019]
    Nyckelord :Economic Impact; Event Study; Market Efficiency; M A Announcement; Prospect Theory;

    Sammanfattning : Background: Mergers and acquisitions (M&A) are two types of corporate takeover strategy, that is widely used for strengthening and maintaining a firm competitive advantage in both domestic and global markets. Where the common motives behind M&A, is to achieve business expansion through synergy, or to acquire an existing external technology/product outside of a firm's own operational territory. LÄS MER