Essays about: "bid completion"

Showing result 1 - 5 of 7 essays containing the words bid completion.

1. 1. The Relationship Between Beta and Arbitrage Spread in M&A Deals

   University essay from Göteborgs universitet/Graduate School

   Author : Daniel Granat; William Fredriksson; [2023-06-29]
   Keywords : ;

   Abstract : Risk arbitrage is an event-driven investment strategy where the risk arbitrageur aims to capture the arbitrage spread between the target’s stock price and the bid price by the acquiring firm in a merger and acquisition (M&A) deal. Previous research suggests that specific risks connected to the deal as completion or duration risks, as well as firm and bid characteristics, influence the arbitrage spread. READ MORE

3. 2. 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

4. 3. 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

5. 4. The Impact of Financial Advisors on Risk Arbitrage Spreads: Evidence from Nordic Takeover Bids

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Gustav Berg; Erik Johansson; [2020]
   Keywords : Financial Advisors; Mergers and Acquisitions; Risk Arbitrage; Arbitrage Spreads;

   Abstract : Following the announcement of a public takeover bid, the target firm's stock price generally adjusts towards the offer price. However, these rarely converge, and the percentage difference that emerges forms what is commonly referred to as the risk arbitrage spread. READ MORE

6. 5. Exploring Gymnasielagen (New law on upper secondary education) from professionals’ perspective – A way to integrate or segregate?

   University essay from Högskolan i Gävle/Avdelningen för socialt arbete och kriminologi

   Author : Minna Buller; Jamine Rono; [2019]
   Keywords : Unaccompanied minors; UAM; upper secondary education; integration; Gymnasielagen;

   Abstract : Swedish parliament in a bid to curb the large numbers of unaccompanied minors who are denied asylum status – came up with a law which is famously known as Gymnasielagen. The aim of the study was to explore how professionals in upper secondary schools setting and social services perceive the implementation of this law and how it contributes to integration of unaccompanied minors in Sweden concerning school environment. READ MORE