Essays about: "Bid Premium"

Showing result 1 - 5 of 28 essays containing the words Bid Premium.

1. 1. Success Determinants of Nordic Tender Offers

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

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

   Abstract : 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. READ MORE

3. 2. The ESG Advantage: Exploring the Relationship Between Sustainability and Corporate Acquisitions

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Alice Rosberg Kronholm; Ebba Glenngård; [2023]
   Keywords : ESG; M A; Bid Premium;

   Abstract : This thesis investigates the impact of ESG scores on corporate acquisitions in Europe and the United States, examining whether firms with ESG scores are more likely to be acquired, and to which extent the ESG score of a target firm may affect the bid premium. Findings suggest that firms with an ESG score are more likely to be acquired compared to firms without, and that a high score implies a lower probability of being acquired compared to a low score. READ MORE

4. 3. Do Companies Value ESG? An investigation of the potential relationship between ESG performance and deal premiums paid in acquisitions.

   University essay from Lunds universitet/Nationalekonomiska institutionen

   Author : Jesper Carlsson; Charlie Tenggren; [2022]
   Keywords : ESG; M A; Acquisition Premium; Shareholder Theory; Stakeholder Theory; Business and Economics;

   Abstract : This paper sheds light on companies’ valuation of ESG performance by examining the potential impact that the ESG-score of the target firm has on bid premiums in Mergers & Acquisitions (M&A). While extensive research has been conducted on sustainable investing, no consensus regarding the influence of ESG performance on M&A activities has been reached. READ MORE

5. 4. Hidden Values or Synergy Effects? What the Market Does Not See

   University essay from

   Author : Lukas Josefsson; Pontus Klarson; [2021-06-30]
   Keywords : Public buyout; bid premium; toehold purchase; acquisition; synergies;

   Abstract : The subject of bid premiums for public buyouts has been researched repeatedly as the premium itself can be hard to fully derive and could greatly affect both the acquirer and other investors involved. This thesis examines whether certain predetermined factors in fact, can be seen to influence the bid premium, looking at the Swedish market during 2005-2020. READ MORE

6. 5. Do ESG risks influence M&A transactions? Evidence from the United States

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Daniel Worring Pozo; [2021]
   Keywords : ESG Risks; Mergers and Acquisitions; Deal Completion Likelihood; Deal Duration; Bid Premium;

   Abstract : Using two large samples of US M&A transactions, this study assesses whether reputational ESG risks of targets and acquirors influence deal completion likelihood, deal duration and bid premium of the transaction. Higher reputational ESG risks of the acquiror are connected to a longer deal duration if the transaction includes a large target or does not involve a tender offer, as well as to a decreased deal completion likelihood for non-competitive and non-tender transactions. READ MORE