Value Creation in European Equity Carve-Outs
The total volume of equity carve-outs (i.e. IPOs of subsidiary firms) in Europe over the last 20 years amounts to approx. € 90 billion. Carve-outs thus account for almost 20% of the total IPO volume. Companies use them for a variety of reasons aimed at increasing shareholder value. Nevertheless, not...
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| Format: | Electronic eBook |
| Language: | English |
| Published: |
Wiesbaden :
DUV,
2006.
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| Online Access: | Full Text via HEAL-Link |
Table of Contents:
- Definitions and theoretical foundations
- Short-term price performance of European equity carve-outs
- Long-term operating performance of European equity carve-outs
- Long-term price performance of European equity carve-outs
- What do we learn about internal capital markets from equity carve-outs?
- Determinants of the nature of the second event in European equity carve-outs
- Conclusion.
