Essays about: "Cash Bid"

Showing result 1 - 5 of 15 essays containing the words Cash Bid.

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. Stock or Cash? Explaining the Payment Method Choice of M&As and the Effect on Performance on the European Developed Markets

   University essay from Göteborgs universitet/Graduate School

   Author : gustav kollberg; john skantze; [2022-06-29]
   Keywords : Payment Method; Stock Bid; Cash Bid; Determinants of the Payment Method; Cumulative Abnormal Return; Opportunistic Behaviour; Rational Payment Design; M A; Information Asymmetry; Adverse Selection;

   Abstract : We investigate what factors determine the choice of the payment method when choosing between payment of stocks or cash during an acquisition or merger. Furthermore, we examine how that choice of payment method affects the bidder’s performance in the short term by examining the changes in the cumulative abnormal return. READ MORE

4. 3. 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

5. 4. Reference Point Prices in Mergers and Acquisitions and the Influence of Information Asymmetry: Evidence From the UK

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Axel Olofsson Lauri; [2020]
   Keywords : Anchoring; Reference points; Information asymmetry; Mergers and acquisitions; 52-week high;

   Abstract : This thesis examines the role of past peaks in target share prices as reference points in mergers and acquisitions in the UK, with a focus on target 52-week high share prices. The results indicate that there is a positive, non-linear relationship between past peak share prices and offer prices. READ MORE

6. 5. Establishing a real estate giant: A case study on the growth journey of Samhällsbyggnadsbolaget i Norden AB ("SBB") and the acquisition of Hemfosa Fastigheter AB ("Hemfosa")

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Andreas Lindström; Oskar Paldanius; [2020]
   Keywords : Real estate; M A; Growth; Social infrastructure; Non-cash acquisitions;

   Abstract : This single-case study contains a two-track investigation of SBB, including the company's growth journey and acquisition of Hemfosa. The aim is to display an in-depth analysis from a unique real estate narrative, social infrastructure, that provides key success factors and decisive insights from the remarkable growth journey as well as the all-time largest real estate M&A deal in the Nordics. READ MORE