Overtagelser, fusioner og opkøb

Organisationer, der har været igennem fyringer eller store omlægninger, har ofte travlt med at tage sig af dem, der er afskediget. Men hvad med de medarbejdere, der er tilbage i organisationen? Typisk kæmper de med at finde arbejdsglæden og mangler hjælp til at genorientere sig i en organisation, der skal løbe hurtigere og arbejde mere effektivt. LEDELSE EFTER FYRINGER handler om, hvordan organisationer håndterer tabet af kolleger, genfinder mål og retning og reorganiserer arbejdsprocesser og arbejdsfællesskaber, så de tilbageværende medarbejdere kan løfte organisationen videre. Bogen henvender sig til ledere, HR-afdelinger, tillids-og arbejdsmiljørepræsentanter og konsulenter. ”Med tidens tendens til at lægge sit fokus så mange forkerte steder, er det glædeligt, at nogen endelig retter luppen mod en voksende gruppe af medarbejdere i det moderne arbejdsliv. Det er en vigtig bog med et vigtigt budskab og et seriøst bud på, hvad man kan og bør stille op med alle de efterladte.” – Alexandra Krautwald, stifter af Composing A/S,forfatter og blogger på Dagbladet Børsen ”Bogen beskriver praksisnært, hvordan vi som ledere kan være i det krydsfelt, hvor vi på den ene side skal anerkende alle parter i forandringerne, samtidig med at vi fastholder fokus på målet med tilpasningerne og udviklingen af et fortsat attraktivt arbejdsliv for de ansatte, som skal drive organisationen videre efter nedskæringerne.” – Randi Faldt, sektorchef og Lene Skov, TeamlederHR, IT og Digitalisering, Lolland Kommune ”Ledelsesmæssigt fokus på tiden efter fyringer er et helt afgørende konkurrenceparameter for alle virksomheder, som opererer i stadigt mere omskiftelige markeder.” – Niels Grøn Seirup, Underdirektør, DI

In 2016, during its merger with Verizon, Yahoo reported improperly resolved previous cyber incidents, which resulted in a $350 million reduction in the acquisition price, tarnished its reputation, and led to legal action. Two years later, shortly after their merger, Marriott International and Starwood Hotels and Resorts Worldwide Inc. reported a prior cyberattack that they estimated would result in over $1 billion in lost revenue, legal fees, and remediation costs. These repercussions were swift and significant, plundering the original value and valuation the principals sought at the outset of the deals. These two episodes are among the case studies in the book and are emblematic of the elevated risks cyber incidents and threats pose in M&A. The fallout from cybersecurity incidents undermines transactions, damages reputation, erodes value and triggers legal liabilities. To their chagrin, many companies realize until it is too late that even if they have a functioning corporate security program, it is not and was never designed to mitigate the unique risks and challenges of the mergers and acquisitions process. In Mergers & Acquisitions Cybersecurity, Lawrence introduces a structured cybersecurity framework that outlines specific strategies to enhance security and value in M&A deals. This book is an indispensable resource for owners, investors, attorneys, and anyone participating in high-value M&A transactions. Whether preparing for a merger, sale or due diligence, this book will prove invaluable for minimizing the risk of cyber threats and optimizing the economic and strategic value of transactions of all sizes.

This book gives an overview of the most common techniques used by analysts and experts to assess and value banks in all phases of a Bank¿s life, from licensing to resolution. These include licensing procedures, going concern market valuation techniques, liquidation, and resolution methodologies. The author sheds light on financial institutions¿ reporting and financial statements and explains how to interpret the data. Special attention is given to the different valuation approaches for financial institutions ranging from the basic PE and PBV methodologies to the more sophisticated ones such Discount cash flow (DCF), Dividend discount model (DDM), excess return models (EVA), and their variant, the warranted equity value (WEV) method. The authors also illustrate how to build a sum-of-the-parts model (SOTP) and how to treat capital in the process as well as developing a bottom-up approach for the cost of equity. The book provides numerous real-world examples which will hopefully help practitioners build their own MS Excel models. Furthermore, this publication investigates some of the critical aspects of banking M&A and its valuation implications.This book also takes a deep dive into valuation for Banks in gone concern status, describing the basis for three different types of valuation of Banks in resolution: to inform a decision on whether to put a bank into resolution; to inform the choice of resolution tools and the extent of any bail-in of liabilities; and to determine whether any creditors would have been better off had the bank gone into insolvency. Special attention is given to the valuation of non-performing loans (NPLs) and financial assets focusing on some operational aspects of winding-down a bank¿s loan and trading book portfolio.

In "Mastering Mergers and Acquisitions," journey through the dynamic world of corporate mergers and acquisitions, where businesses collide, fortunes are made, and lessons are learned. This comprehensive guide offers a compelling exploration of the M&A landscape, featuring real-life case studies of both successes and failures that reveal the intricate art of dealmaking.Unlock the secrets of M&A triumphs as you delve into the strategies that turned Disney's acquisition of Pixar into a creative powerhouse, or Facebook's acquisition of Instagram into a social media sensation. Learn the hard lessons from AOL-Time Warner's costly merger and HP's challenges with Autonomy.Gain practical insights into the nuances of due diligence, cultural alignment, integration planning, and strategic vision that can make or break an M&A deal. Whether you're a seasoned executive, an aspiring entrepreneur, or a curious reader, this book equips you with the knowledge to navigate the complex world of mergers and acquisitions with confidence."Mastering Mergers and Acquisitions" is your indispensable guide to understanding the highs and lows, the wins and losses, and the strategies that define the ever-evolving landscape of M&A. Join us on a journey through the boardrooms, negotiations, and integration challenges that shape the future of businesses worldwide.

The Rise and Fall of the Conglomerate Kings is the behind-the-scenes story of the financial wizards and bare-knuckled businessmen who created the conglomerates, the glamorous multiform companies that marked the high noon of post-World War II American capitalism. Covering the period from the end of the war to 1983, Robert Sobel explains why and how the conglomerate movement originated, how it mushroomed, and what caused its startling and rapid decline. He chronicles how the era gave rise to a cadre of imaginative, bold, and often ruthless entrepreneurs who took advantage of a buoyant stock market to create giant enterprises, often through the exchange of overvalued paper for real assets. This authoritative and unprecedented books sheds light on the careers of the leading "conglomerateurs": Royal Little of Textron, Tex Thornton of Litton, James Ling of LTV, Charles Bluhdom of Gulf + Western and Harold Geneen of ITT.This is the behind-the-scenes story of the financial wizards and bare-knuckled businessmen who created the conglomerates, the glamorous multi-form companies that marked the high noon of post-World War II American capitalism. Covering the period from the end of the war to 1983, Robert Sobel explains why and how the conglomerate movement originated, how it mushroomed, and what caused its startling and rapid decline.

A successful business deal maximizes value for all parties. Drawing on diverse case studies and decades of experience, Michael Klausner and Guhan Subramanian show how contracting parties can reach that goal through rigorous attention to incentives, information asymmetries, exit terms, moral hazard, and opportunism.

Most agency founders are focused on growing their agency, not selling it. Then it happens. The founder starts to get calls from suitors. A large agency who lost a big client to the founder's agency suddenly wants to know if she'd consider selling her business. An investment banker reaches out promising that he can get the founder millions of dollars if she lets him represent the agency to potential acquirers. A private equity investor pitches the founder on a roll-up strategy to combine the founder's business with other agencies to create an industry juggernaut.The agency founder is completely unprepared for these discussions. Should she even consider selling? Should she hire an investment banker? How much should the sales price be? How does she compare different offers? Should she get buy-in from the team? Will clients be OK with a sale?Founders who navigate these concerns properly might hit the jackpot-life-changing money, happy clients, happy team members, and peace of mind. Founders who do not may end up regretting passing on a sale as the biggest mistake of their life.Selling Your Marketing Agency puts you-the agency founder-on a level playing field, even if this is the first and only time you sell your agency, and it gives you the benefit of hindsight from other founders who've already sold theirs.

Corporate finance plays a vital role in every business as it pertains to an array of financing and investment decisions. Where most corporate finance books provide tools for public companies, this book presents new approaches and methods for planning and valuing private firms. Chapters discuss how typical valuation methods may not be perfectly adaptable to private firms and their investment decisions: in particular showing how the widely used Capital Asset Pricing Model cannot be precisely applied for the estimation of cost of equity for private companies, and the limitations of market multiples which may not match individual company features.The book suggests new ways of financial forecasting that can be better tailored to private businesses, such as by exploiting the concept of financial breakeven based on debt serviceability that departs from the more traditionally used concept of the revenue-cost breakeven. Topics including financial planning, working capital management,the cost of capital, and valuation methods are all covered. This book will be of interest to consultants, analysts and accountants working in private firms, as well as academics and students who are interested in an empirical assessment of the role of corporate finance in private businesses versus larger public companies.

È la prima guida che raccoglie le migliori opportunità di investimento in Italia, accuratamente selezionate dai Consulenti Carefin. All'interno troverai consigli utili per pianificare la tua prossima acquisizione e un ventaglio di offerte, tra le quali potrai individuare quella più adatta alle tue esigenze.In questo volume ti presentiamo la vendita di aziende e attività commerciali ad alta redditività, maglifici hotel e incantevoli strutture ricettive, storici ristoranti e concept innovativi, immobili di pregio e suoli edificabili in posizioni strategiche. Se stai pensando di avviare la tua attività o ampliare il tuo business in Italia...Non fare salti nel buio! Questa guida l'abbiamo realizzata per te. Vogliamo seguirti nel tuo percorso di crescita, accompagnandoti nella scelta di investimenti di successo, dall'elevato potenziale.Carefin S.r.l.Il Tuo Miglior Partner in Affari.

This system is designed to be used in conjunction with the strategies and information presented in the complimentary book Acquiring More Profit. The system simplifies the action items needed to begin or expand your M&A initiatives.A potential seller is evaluating the potential buyer from first contact through every phase of the process. They are determining if you are the right person to not only retain all their agents but to lead them in the future. The forms and checklists in this book will help demonstrate your abilities by showing preparedness, competence, and professionalism through the entire process. Benefits you can expect from the Implementation SystemSAVE VALUABLE TIMESAVE MONEYFIND QUALIFIED CANDIDATES QUICKLYCOLLECT & ANALYZE THE RIGHT INFORMATIONPREPARE A PROFESSIONAL PRESENTATION & OFFERTRANSITION THE NEW AGENTS SUCCESSFULLY100 Pages of templates, samples and checklists that will help you navigate through the M&A process.Prospecting ScriptsNon-Disclosure AgreementCandidate AnalysisLetter of IntentM&A Discussion Format/QuestionsAsset Purchase AgreementInitial Information RequestTransition PlanPro-FormaProcess Checklists

This book presents the first non-European and non-North American comprehensive study explaining failures of key merger attempts by Australiäs two leading accounting bodies.It employs two complementary theoretical constructs namely, boundary work and exclusiveness versus market control, to explain the maintenance of professional boundaries in the Australian accounting profession.In doing so, it illustrates key historical developments in Australiäs society, economy and business world towards shaping the present structure and operations of the accounting profession, and the remaining professional bodies at the national level.

Bridge the Knowledge GapDo you have what it takes to build agile, successful teams? Pursue mergers that transform? Are you solving the right problems for efficiency and growth? Do you want to leverage your mission for large-scale social change? Does your Board have a shared vision for innovation?Discover the critical lessons of success with 11 Secrets of Nonprofit Excellence in this step-by-step executive guide: Build effective, enthusiastic teamsDeploy tech to boost revenues and qualityLaunch profitable micro businessesNegotiate game-changing legislative outcomesDesign and implement dynamic strategic plans11 Secrets offers practical stories, disciplines, data, and humor in an empowering blueprint for achieving excellence in any organization. The book addresses the resource gap for navigating non-profit growth and innovative tech solutions. Deftly weaving vignettes from the author's successful careers in international publishing and nonprofits, 11 Secrets introduces real-life encounters with notables such as Muhammad Ali to unlock valuable secrets of quality, excellence, and mission advancement. 11 Secrets lends itself to powerful coaching and winning outcomes for start-ups, non-profits, Boards and leaders, cross sector.

CONSIDER THIS: 100 PERCENT OF OWNERS WILL LEAVE THEIR BUSINESS ONE DAY. BUT FEW ARE PREPARED. ARE YOU? When you're ready to sell, the company may not be sell-ready-leaving you out of time and unrewarded. Most entrepreneurs are too busy to begin thinking about the end. But you may be leaving money-and your happiness-on the table. It's crucial to start planning for your transition, whether it comes next year or in a decade. The Business Transition Handbook demystifies the often overwhelming exit process, guiding business owners who are considering leaving their ventures or simply beginning to think about their next steps. Former CEO of a $100 million revenue company that sold to a Fortune 50, author Laurie Barkman, the business transition sherpa, provides actionable guidance for business owners to plan successful transitions of their companies and let go on their terms. Using real-life stories, tools, and exercises, the book will help you learn how to: personally prepare for a business transition determine what your business is worth focus on value building; reduce transferability risk consider family or management successors prepare for the selling process put a strategic transition plan together and more The Business Transition Handbook prepares owners to navigate the emotional and practical nature of the transition process so you can exit on your terms and avoid succession regrets.

Phasing Out is a comprehensive guide to the formation of a better transition for the sale of one's business. By taking in a buyer early, it allows the owner to retire at his or her own pace and without a loss of income. The buyer also has the obligation to purchase the business at any time the owner opts or is forced to sell, thus ensuring that there is always an automatic sale. Furthermore, the transition is a win-win because the buyer usually gains a much bigger and better business than otherwise.

Mergers & acquisitions are an essential instrument of strategic corporate management for companies of all sizes. The success of an M&A project highly depends on an optimal transaction preparation, fast execution and the experience of all parties involved. Due to numerous endogenous and exogenous influences, no two M&A transactions are alike at the detailed level.This book is designed as a practical M&A guide for students and professionals alike. In addition to dealing with important basics of mergers & acquisitions, the focus is on a structured and in-depth examination of the individual process steps of a typical company sale. At various points in this book, specific differences between a company sale of medium-sized companies (mid-caps) and large companies (large-caps) are discussed in detail.

Whether you are an entrepreneur ready to scale your business or a seasoned business owner looking to sell, Paul's inspiring story and practical, business-boosting strategies will help you achieve your business goals.

This textbook takes on a systematic approach to elaborating on the different subjects within corporate finance. The chapters bring together existing concepts with examples and stories that allow students to easily understand and apply financial tools. In doing so, the book strives to clarify misconceptions in the literature on topics related to firm¿s ownership and control, problems of the Modigliani-Miller first and second propositions, relationship between options and corporate finance, behavioral finance versus corporate finance, etc. The book takes into consideration the growing importance of the Asian economy and financial markets in recent years, and constructs the P-index to measure and compare the risk structures of US and Chinäs stocks and stock indexes. This book is a primary text written for the introductory courses in corporate finance at the M.B.A. level and for the intermediate courses in undergraduate programs, but can also be of great use to Ph.D. students as well as professionals.

This book is for corporate managers with a mandate for 'innovation', but no idea how to make that happen.C-suite executives and boards of directors are increasingly looking for companies to reinvent themselves or risk being left behind. With this book, companies can monetize employee's ideas in a manner that doesn't cost a fortune or create conflicts of interest within the ranks. Not every creative expression is going to result in tens of millions of dollars in revenue-but many will create licensing opportunities that are, at the very least, essentially free money for new product development.Another cadre of readers will realize their innovation-rich futures are languishing in corporate purgatory. Should they quit and pitch their 'million-dollar idea' to another organization entirely (as outsiders), or can they take this book to their leaders and drive change, one manager at a time?