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DD Check List

01 Sep, 2017

DD Check List

Due diligence is an investigation in to the affairs of a company prior to its acquisition....

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TOP five 2017 year FDI Confidence Index changes

06 Sep, 2017

TOP five 2017 year FDI Confidence Index changes

European developed markets are also near the top of the list, and Europe again accounts for more Index spots than any other region....

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European Hotel M&A Trends for 2017

07 Sep, 2017

European Hotel M&A Trends for 2017

2016 saw the completion of two of the sectors largest megadeals that were announced at the end of 2015: Marriott International’s acquisition of Starwood Hotels & Resorts was completed in September 2016...

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European Hotel M&A Activity in 2016

07 Sep, 2017

European Hotel M&A Activity in 2016

European hotel deal activity reduced by nearly 10% to c. €19bn in 2016 — still the second highest level ever recorded. The UK’s share of total transaction volume fell from c. 60% in 2015 to only 25% in 2016...

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25 Fastest-growing Apparel Retailers in Europe

15 Sep, 2017

25 Fastest-growing Apparel Retailers in Europe

A number of big European apparel retailers are struggling to maintain growth amid heightened competition. Marks & Spencer, Esprit and Benetton are among the names trying to recapture the attention of shoppers...

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Who Owns What: A Guide to the Watch Groups (Part 1)

26 Sep, 2017

Who Owns What: A Guide to the Watch Groups (Part 1)

Every so often the landscape of the watch industry shifts: a key brand gets sold to a major watch group and the balance of power changes ever so slightly. In the last few years, some important changes....

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Who Owns What: A Guide to the Watch Groups (Part 2)

26 Sep, 2017

Who Owns What: A Guide to the Watch Groups (Part 2)

Every so often the landscape of the watch industry shifts: a key brand gets sold to a major watch group and the balance of power changes ever so slightly....

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Mandate F. A. Q.

28 Sep, 2017

Mandate F. A. Q.

The present outlines the reasons why a written Mandate is necessary if you are serious about selling your business. Our recommendations and comments are based on our experience....

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When Is the Preferred Time to Pursue a Transaction?

29 Sep, 2017

When Is the Preferred Time to Pursue a Transaction?

Owners of mid-market companies face numerous issues and challenges leading up to and during the sale process. One big question: When is the preferred time to pursue a transaction?...

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Say Goodbye to the China Bid (By Aaron Back)

13 Oct, 2017

Say Goodbye to the China Bid (By Aaron Back)

In the years ahead, financial markets around the world will have to live without the ever-present China bid. Whether China was a savvy investor or the dumb money, asset prices will likely be lower....

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Clariant and Huntsman call off $20bn merger deal today

27 Oct, 2017

Clariant and Huntsman call off $20bn merger deal today

Chemicals groups admit defeat in face of opposition from US activist investors. It would have created the world’s 2nd biggest specialty chemicals company...

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Company Valuation Methods (Part 1)

09 Nov, 2017

Company Valuation Methods (Part 1)

​Understanding the mechanisms of company valuation is useful not only because of the importance of valuation in acquisitions and mergers but also because the process of valuing the company and its business unit...

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Company Valuation Methods. Balance Sheet-Based Methods (Shareholders' Equity) (Part 2)

09 Nov, 2017

Company Valuation Methods. Balance Sheet-Based Methods (Shareholders' Equity) (Part 2)

These methods seek to determine the company’s value by estimating the value of its assets. These are traditionally used methods that consider that a company’s value lies basically in its balance sheet....

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Company Valuation Methods. Income Statement-Based Methods. (Part 3)

09 Nov, 2017

Company Valuation Methods. Income Statement-Based Methods. (Part 3)

Unlike the balance sheet-based methods, these methods are based on the company’s income statement. They seek to determine the company’s value through the size of its earnings, sales or other indicators....

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Company Valuation Methods. Goodwill-Based Methods (Part 4)

09 Nov, 2017

Company Valuation Methods. Goodwill-Based Methods (Part 4)

Generally speaking, goodwill is the value that a company has above its book value or above the adjusted book value. Goodwill seeks to represent the value of the company’s intangible assets, which often do not...

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Company Valuation Methods. Cash Flow Discounting-Based Methods (Part 5)

09 Nov, 2017

Company Valuation Methods. Cash Flow Discounting-Based Methods (Part 5)

These methods seek to determine the company’s value by estimating the cash flows it will generate in the future and then discounting them at a discount rate matched to the flows' risk....

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Company Valuation Methods. Basic Stages of a Valuation by Cash Flow Discounting (Part 6)

09 Nov, 2017

Company Valuation Methods. Basic Stages of a Valuation by Cash Flow Discounting (Part 6)

The basic stages in performing an accurate valuation by cash flow discounting are:...

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Company Valuation Methods. Which is the Best Method to Use? (Part 7)

09 Nov, 2017

Company Valuation Methods. Which is the Best Method to Use? (Part 7)

The fundamental problem with the methods is that some are based solely on the balance sheet, others are based on the income statement, but none of them consider anything but historic data. We could imagine two...

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Company Valuation Methods. Most Common Errors in Valuations (Part 8)

09 Nov, 2017

Company Valuation Methods. Most Common Errors in Valuations (Part 8)

The following list contains the most common errors:...

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Last Year M&A Review and New Year Outlook

05 Jan, 2018

Last Year M&A Review and New Year Outlook

For most of 2017, the M&A picture was mixed: In the US, buyers continued acting on historically low borrowing costs and a strengthening economy. Parts of Europe and Asia drove inbound and outbound investment...

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M&As In 2018

23 Jan, 2018

M&As In 2018

Global mergers and acqusitions (M&As) are expected to hit a record $3.2 trillion in 2018 after hitting $2.6 trillion in 2017...

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Fosun tries on majority stake in Lanvin

13 Feb, 2018

Fosun tries on majority stake in Lanvin

China’s Fosun International has reportedly prevailed in an auction for French fashion house Lanvin, outbidding Qatar-based investment fund Mayhoola, which controls Italy’s Valentino and Balmain....

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Why Successful Business Owners Sell Out

14 Feb, 2018

Why Successful Business Owners Sell Out

In the world of mergers and acquisitions, there are typically several hundred transactions per week. While many of the multibillion dollar, cross-border transactions attract most of the press coverage...

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Bringing Your Company Public

15 Feb, 2018

Bringing Your Company Public

Many entrepreneurs think that it is not possible to bring a smaller company public. They feel that a company needs to have a long track record, as well as show a profit....

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Exploring Alternative Capital-Raising Strategies

16 Feb, 2018

Exploring Alternative Capital-Raising Strategies

Have you been unsuccessful in raising capital for your company? Certainly, depending on the profitability of and prospects for a company, raising capital can be a difficult challenge. However, some industries...

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7 Private Equity Strategies

19 Feb, 2018

7 Private Equity Strategies

Private equity is an asset class that involves the use of equity securities and debt to purchase shares of private companies or those of public companies that will eventually be delisted from the public stock...

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How to Raise Capital For a Company in Financial Troubles

19 Feb, 2018

How to Raise Capital For a Company in Financial Troubles

In recent years companies experiencing solvency or liquidity problems were able to raise new capital in the debt and equity capital markets with relative ease. In this challenging environment...

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5 Alternatives To IPOs

20 Feb, 2018

5 Alternatives To IPOs

By now you’ve done your research and decided that an IPO is the next step in your company’s growth journey. But don’t forget about alternate routes and dual-track approaches, such as a multi-track approach of...

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Investopedia: What is Equity Financing?

20 Feb, 2018

Investopedia: What is Equity Financing?

Equity financing is the process of raising capital through the sale of shares in an enterprise. Equity financing essentially refers to the sale of an ownership interest to raise funds for business purposes....

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Refinancing and Minority Equity as Partial Exit Strategies

24 Feb, 2018

Refinancing and Minority Equity as Partial Exit Strategies

There are more and more cases of business owners who are not ready to sell their businesses, yet would like to take some risk and liquidity off the table. The good news is that there are ways to achieve this ob...

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Guide To Equity Release Or «Cash-Out»

28 Feb, 2018

Guide To Equity Release Or «Cash-Out»

The concept of cash out encompasses several different types of transactions. The common theme is that the shareholders are unlocking some of the capital value of the business by extracting liquidity (cash)...

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The Six Types of Successful Acquisitions

05 Mar, 2018

The Six Types of Successful Acquisitions

There is no magic formula to make acquisitions successful. Like any other business process, they are not inherently good or bad. Each deal must have its own strategic logic....

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Race to Become a Global Player

27 Mar, 2018

Race to Become a Global Player

On Monday, news broke that U. K.-based JD Sports Fashion had agreed to buy U. S. sportswear retailer Finish Line Inc. in a deal worth $558 million. In response to the acquisition​, some analysts...

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Global M&A Activity Hits Record

09 Apr, 2018

Global M&A Activity Hits Record

In the first three months of 2018, there were 3,774 deals globally, totaling $890.7 billion. So far this year, there have been $393.9 billion invested in U. S. companies....

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India Declares M&A Deals Worth $18.53 bn in Jan-March

13 Apr, 2018

India Declares M&A Deals Worth $18.53 bn in Jan-March

During the quarter, domestic M&A values recorded a whopping 5.3 times increase year-on-year...

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M&A Deals Could Reach Record Level in 2018

16 Apr, 2018

M&A Deals Could Reach Record Level in 2018

​Mergers and acquisitions bankers could see a record year for activity, with more than two-thirds of large companies globally expecting to complete more deals this year than in the previous...

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Smaller M&A Deals Work Out Better

14 May, 2018

Smaller M&A Deals Work Out Better

The myth that 75% of all mergers fail has long been dispelled. It was based on a statistic related to announcement day effect that failed to capture the reality of corporate value creation....

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Richemont Targets More M&A

18 May, 2018

Richemont Targets More M&A

Luxury goods group Richemont will focus on doing more M&A deals to reshape its business after reporting lower than expected full-year results...

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Don’t Let «Us vs Them» Thinking Ruin the Company

22 May, 2018

Don’t Let «Us vs Them» Thinking Ruin the Company

Since 2012, M&A activity has increased dramatically in both number of deals and size of transaction, with the yearly value of global M&A deals tracking above $4.5 trillion for the past four years​....

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Why Traditional M&A Is Becoming Less Important

26 May, 2018

Why Traditional M&A Is Becoming Less Important

From 1870 to 1911, John D. Rockefeller constructed what was once arguably the one maximum spectacular trade group in historical past: Same old Oil. Mr. Rockefeller’s trade technique was once to vertically...

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5 Behaviors of Leaders Who Embrace Change

31 May, 2018

5 Behaviors of Leaders Who Embrace Change

At best, mergers and acquisitions (M&A's) have a 50/50 chance of reaching their intended results. Study after study puts the failure rate closer to 70−90%. Why is the failure rate so high?...

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How to Raise Capital for Your Business: 7 Alternatives to an IPO

19 Aug, 2018

How to Raise Capital for Your Business: 7 Alternatives to an IPO

Demand for initial public offerings has shifted away from small caps to favour larger listings, forcing many smaller and mid-market companies to find other ways to raise capital....

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How Trump’s China spat is killing global appetite for M&A

28 Sep, 2018

How Trump’s China spat is killing global appetite for M&A

Mergers and acquisition deals have fallen by $783 billion in the third quarter of this year compared with the prior quarter, a decline of 35%...

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Crypto M&A

23 Oct, 2018

Crypto M&A

Merger and acquisition activity for cryptocurrency companies has more than doubled in the past year amid a 54 percent slump in bitcoin prices....

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