Valuation: Mergers, Buyouts and Restructuring (Wiley Finance) - Hardcover

Arzac, Enrique R.

Hardcover

ISBN 10: 0470128895 ISBN 13: 9780470128893

Verlag: Wiley, 2007

Inhaltsangabe

In this up-to-date synthesis of current valuation theory and practice, Enrique Arzac applies the latest academic thinking to mergers, buyouts, and restructuring, and blends it with his own practical approach to valuation developed over years of consulting.

Throughout the text, Arzac provides illustrative examples and answers many of the valuation problems commonly encountered in professional practice. The result is a valuable toolkit of valuation procedures and analysis methods.

Über diesen Titel

Über die Autorin bzw. den Autor

Enrique R. Arzac is Professor of Finance and Economics at the Columbia University Graduate School of Business, Director of the Merger, Buyouts, and Restructuring program for executives at Columbia Business School, and Co-Director of the Merger and Acquisitions program for executives at London Business School. He is the author of many academic articles in financial economics and has been consultant to corporations and financial institutions in North and South America and Europe. He is a director of the Adams Express Company, Petroleum and Resources Corporation and Credit Suisse Asset Management funds.

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When should you acquire a target or enter a new business? How do you go about structuring and valuing leveraged buyout transactions? What do you do id the application of the weighted average cost of capital approach is not correct?

Answers to these commonly encountered valuation problems and more are given right here in this complete valuation toolkit for mergers, buyouts, and restructuring.

Enrique Arzac, an internationally recognized authority on the subject, provides an up-to-date, comprehensive synthesis of current valuation theory and practice, including free cash flow valuation, financing and valuation of leveraged buyouts, real option analysis for entry and exit decisions, contract design to resolve disagreements about value, and the valuation of special offer structures.

Keep up-to-date with the latest thinking on valuation for mergers and acquisitions
Enrique Arzac applies the latest academic thinking to mergers, buyouts, and restructuring, and blends it with his own practical approach to valuation developed over years of consulting.

Apply practical valuation procedures to a variety of situations
You’ll learn how to value stand-alone companies and business units, merged firms, foreign firms in developed or emerging markets, troubled-company restructuring, and more.

Learn how to use expert analysis tools
The book provides the essential analysis tools for estimating the cost of capital for public and private companies, performing discounted cash flow valuation, estimating and applying valuation multiples, estimating sustainable debt, and much more.

Save time modeling transactions with professional-grade software
The CD included with this book contains DealModeler and Valuation Aids software. DealModeler is integrated modeling software for preparing pro-forma financial statements and valuing mergers, acquisitions, and leveraged buyouts, similar to those used by investment bankers and appraisal professionals. Valuation Aids software is designed to help you perform specialized computations, such as estimating the equity premium and valuing financial and real options.

Answers to these commonly encountered valuation problems and more are given right here in this complete valuation toolkit for mergers, buyouts, and restructuring.

Enrique Arzac, an internationally recognized authority on the subject, provides an up-to-date, comprehensive synthesis of current valuation theory and practice, including free cash flow valuation, financing and valuation of leveraged buyouts, real option analysis for entry and exit decisions, contract design to resolve disagreements about value, and the valuation of special offer structures.

Keep up-to-date with the latest thinking on valuation for mergers and acquisitions
Enrique Arzac applies the latest academic thinking to mergers, buyouts, and restructuring, and blends it with his own practical approach to valuation developed over years of consulting.

Apply practical valuation procedures to a variety of situations
You'll learn how to value stand-alone companies and business units, merged firms, foreign firms in developed or emerging markets, troubled-company restructuring, and more.

Learn how to use expert analysis tools
The book provides the essential analysis tools for estimating the cost of capital for public and private companies, performing discounted cash flow valuation, estimating and applying valuation multiples, estimating sustainable debt, and much more.

Save time modeling transactions with professional-grade software
The CD included with this book contains DealModeler and Valuation Aids software. DealModeler is integrated modeling software for preparing pro-forma financial statements and valuing mergers, acquisitions, and leveraged buyouts, similar to those used by investment bankers and appraisal professionals. Valuation Aids software is designed to help you perform specialized computations, such as estimating the equity premium and valuing financial and real options.

Details zur Ausgabe

• Verlag: Wiley
• Erscheinungsdatum: 2007
• Sprache: Englisch
• ISBN 10: 0470128895
• ISBN 13: 9780470128893
• Einband: Tapa dura
• Auflage: 2
• Anzahl der Seiten: 472
• Kontakt zum Hersteller: Nicht verfügbar
• Verantwortliche Person: Nicht verfügbar