Essays about: "bidders acquirers"

Showing result 1 - 5 of 8 essays containing the words bidders acquirers.

  1. 1. COVID-19's Impact on the European M&A Environment: A study about acquirers' short-term performance

    University essay from Lunds universitet/Företagsekonomiska institutionen

    Author : Carl Davidsson; Kristoffer Brandt; [2021]
    Keywords : Abnormal Returns; Cumulative Abnormal Returns CARs ; COVID-19; Merger and Acquisitions M As ; bidders acquirers; targets.; Business and Economics;

    Abstract : Purpose: The main purpose of this study is to examine how the short-term performance of European acquirers, following M&A announcements, has been affected by the COVID-19 pandemic. In addition, this study also aims to examine how diversifying M&As have been affected, and whether acquirers’ firm value demonstrated a positive relationship with CARs during the pandemic. READ MORE

  2. 2. 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

  3. 3. The Implications of Earnouts - A Study on the Swedish M&A Market

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Ning Wang; Laura Lindberg; [2018]
    Keywords : Earnouts; Sweden; M A; PSM; CAR;

    Abstract : In this thesis, we study the effects of earnouts in the Swedish M&A market. We focus on transactions in which public bidders acquire private targets. Propensity score matching (PSM) is used to reduce the potential problems related to random sampling. READ MORE

  4. 4. Do Acquisitions Generate Abnormal Returns? Evidence from the Deregulated Electric Utility Industry

    University essay from Uppsala universitet/Företagsekonomiska institutionen

    Author : Ronald Steensma; [2018]
    Keywords : Mergers; Acquisitions; Restructuring; Corporate Governance; Firm Performance: Size; Diversification; and Scope; Electric Utilities;

    Abstract : From 1992 onwards, the market for corporate control has been changing as a consequence of deregulation in the North American and West European electric utility industry. Motivated by the lack of consensus on the value creation of acquisitions in the deregulated electric utility industry, this study is conducted. READ MORE

  5. 5. Do investment banks create value for their clients? Empirical evidence from European M&A

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Csilla Miskolczi; Rosemarie Gschwantner; [2017]
    Keywords : Mergers and acquisitions; Financial adviser; Merger gain;

    Abstract : Top tier banks are associated with superior skills and service, demonstrated by the higher advisory fees they charge. The actual value they add to their clients, however, remains a widely debated topic. We provide new evidence on the question by extending existing empirical research to the European M&A market. READ MORE