Essays about: "Takeover Premium"

Showing result 1 - 5 of 12 essays containing the words Takeover 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. On Bond Provisions and M&A Activity

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

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

   Abstract : 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. READ MORE

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

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

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

   Abstract : 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. READ MORE

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

   University essay from Blekinge Tekniska Högskola/Institutionen för industriell ekonomi

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

   Abstract : 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. READ MORE

6. 5. Target Shareholder Returns - Domestic vs Cross-border Takeovers

   University essay from Handelshögskolan i Stockholm/Institutionen för redovisning och finansiering

   Author : Gustav Andersson; Oscar Norman; [2019]
   Keywords : Mergers and Acquisitions; Domestic Takeovers; Cross-border Takeovers; Shareholder Return; Event Study;

   Abstract : Major increase in the M&A activity on the corporate landscape has been identified in 2018 and Sweden experienced the second highest growth in inbound M&A activity in 2017. This thesis presents the target shareholder behavior from takeover announcements on NASDAQ Stockholm during the years 2000-2018. READ MORE