Download or read book Mergers and Acquisitions in Germany What Are the Specific Requirements For German Medium Sized Companies written by Felix-Sebastian Ament and published by GRIN Verlag. This book was released on 2020-08-28 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2020 in the subject Business economics - Investment and Finance, grade: 1,7, The FOM University of Applied Sciences, Hamburg, language: English, abstract: The aim of this thesis is to examine the transaction environment for medium-sized German com-panies and to question the motives and obstacles for transactions at medium-sized companies. Derived from this, the reader is to be shown the special features of medium-sized merger and acquisition transactions. In the first part of the thesis, a theoretical basis is formed, which first presents the standard process of such a transaction to the reader. Digitization and globalization are increasingly forcing German SMEs to compete with foreign companies. New large growth markets outside Germany require an adjustment of the internationalization strategy. To remain competitive, companies must expand existing networks and merge into new networks. Specialize and, if necessary, reduce offers. Increase cost efficiency, optimize and modernize processes and expand production capacities. Furthermore, expand and consolidate the international presence. One opportunity to implement these strategies is the implementation of Mergers & Acquisitions. This term is used to describe a merger or fusion of two companies to form a legal and economic unit or the acquisition of company units or an entire company. "M&A stands for all transactions in connection with the transfer and encumbrance of property rights in companies, including the formation of groups of companies, the restructuring of groups of companies, mergers and transformations in the legal sense, squeeze-outs, the financing of the acquisition of companies, the formation of joint ventures and the takeover of companies." M&A transactions can be achieved through economies of scale and economies of scope by in-creasing activity within the company. In addition, new internal success potentials can be developed and core capabilities can be better utilized. Furthermore, the scope for pricing and negotiation can be increased, thus enhancing market power.
Download or read book Mergers Acquisitions in Germany written by Gerhard Picot and published by Juris Publishing, Incorporated. This book was released on 1999 with total page 418 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Mergers and Acquisitions in Germany written by Dieter Beinert and published by . This book was released on 2009 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Mergers and Acquisitions in Germany written by Christoph Louven and published by German Law Pubs. This book was released on 2011 with total page 313 pages. Available in PDF, EPUB and Kindle. Book excerpt: This manual in the English language outlines mergers & acquisitions under German law. Every aspect of a M&A transaction considering possible German peculiarities is illuminated by the authors: preparatory steps, the sale and purchase agreement as well as post-closing measures. Furthermore, there is relevant information on taxation, employment law and competition law issues. Some precious insight is given on tactical strategies for companies in the forefront of a takeover.
Download or read book German Mergers Acquisitions in the USA written by Bernd Wübben and published by Springer Science & Business Media. This book was released on 2007-11-29 with total page 355 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bernd Wübben analyzes the success of 87 German mergers and acquisitions in the USA during the period from 1990 to 2004. Employing a study of the capital markets’ reaction and a survey of acquirers’ executives, he shows that US transactions on average enhanced value for German companies and their shareholders. The author integrates the findings of both methodologies to identify the determinants of transaction success, including characteristics of the German acquiring and the US target companies as well as of the acquisition structure and management.
Download or read book Mergers Acquisitions in Germany written by Droste (Firm) and published by . This book was released on 1995 with total page 418 pages. Available in PDF, EPUB and Kindle. Book excerpt: An overview of, and commentary on, negotiating acquisitions in Germany. Tax planning, labour law implications, East German law and intellectual property are all covered
Download or read book Corporate Acquisitions and Mergers in Germany written by Dieter Beinert and published by Springer. This book was released on 1997-06-13 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: The mergers and acquisitions market in Germany is the second largest in the European Union (EU). Economic recovery has revitalised mergers and acquisitions activity. The number of transactions increases each year. German companies have become attractive targets. Foreign investors outside the EU stand to gain access to Europe's largest national market as well as To The whole of the EU market. At the same time, many German companies have acquired the financial muscle to fund their own expansions. Most business activity in Germany is through medium-sized companies, often extraordinarily profitable. Some 300,000 of them, family-run and facing problems of succession, may come up for sale by the year 2000. The German attitude towards foreign investment is liberal, setting the scene for a high level of mergers and acquisitions activity. This meticulous guide covers both the background And The details of mergers and acquisitions, including: review of the corporate environment and regulatory framework; consideration of merger control and antitrust provisions in the EU context; examination of the practicalities of takeover, including methods for financing And The necessary legal steps; explanation of German labour laws (the German workforce plays an active role in business organisation); and discussion of acquisitions in the former East Germany, now covered by West German law. This is a revised edition of a work that gained wide respect in its first edition. Its clear explanations and accessible approach make it an essential reference for all parties concerned with mergers and acquisitions activity in Germany or attracted by its expanding mergers and acquisitions market.
Download or read book Corporate Acquisitions and Mergers in Germany written by Natascha Doll and published by Kluwer Law International B.V.. This book was released on 2021-06-20 with total page 249 pages. Available in PDF, EPUB and Kindle. Book excerpt: Derived from Kluwer’s multi-volume Corporate Acquisitions and Mergers, the largest and most detailed database of M&A know-how available anywhere in the world this work by highly experienced partners in the leading international law firm Freshfields Bruckhaus Deringer Rechtsanwälte Steuerberater PartG mbB provides a concise, practical analysis of current law and practice relating to mergers and acquisitions of public and private companies in Germany. The book offers a clear explanation of each step in the acquisition process from the perspectives of both the purchaser and the seller. Key areas covered include: structuring the transaction; due diligence; contractual protection; consideration; and the impact of applicable company, competition, tax, intellectual property, environmental and data protection law on the acquisition process. Corporate Acquisitions and Mergers is an invaluable guide for both legal practitioners and business executives seeking a comprehensive yet practical analysis of mergers and acquisitions in Germany. Equivalent analyses of M&A law and practice in some 50 other jurisdictions, all contributed by leading law firms, are accessible on-line at www.kluwerlawonline.com under Corporate Acquisitions and Mergers.
Download or read book Mergers and Acquisitions in Germany written by Joachim Rosengarten and published by . This book was released on 2020-06-30 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Transatlantic Mergers and Acquisitions written by Kai Lucks and published by John Wiley & Sons. This book was released on 2007-06-27 with total page 480 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is intended to show ways to successful cooperation. Going beyond M&A, it demonstrates how economical ties and personal behaviour can positively influence our international relations. The value to M&A professionals will be generated through better understanding the views from the other side of the Atlantic, through new M&A insights from other industries and from experts working in consulting and finance. Thus, it is also of high value to all those working on partnerships between the USA or Germany and any other country. The book deals with many different aspects, starting from overall strategies, and ending up with lessons learnt from the special cases. Reflecting behavioural, economic or legal aspects, there are articles showing one side only to work out country or industry specifics and others comparing the nationally different systems and surroundings.
Download or read book Mergers and Acquisitions written by Charles Evan Stewart and published by . This book was released on 2000 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: Starting with the chronology of an acquisition, this monograph discusses the transfer of a business, as well as warranties by the seller, labor law aspects, and purchase price and payment. U.S. and German taxation of foreign acquisition are covered, along with notarization of the purchase agent.
Download or read book Chinese M As in Germany written by Jan Y. Yang and published by Springer. This book was released on 2018-10-30 with total page 139 pages. Available in PDF, EPUB and Kindle. Book excerpt: Chinese companies have been increasingly active in outbound investment in recent years, with Germany the third largest destination in Europe. Adopting an analytical approach and utilizing case studies and expert interviews, this book examines Chinese mergers and acquisitions (M&As) in Germany, with a focus on the companies’ business growth, particularly the integration process and subsequent growth after acquisition. The authors contend that Chinese investors take a different approach than their western counterparts, by fostering a long-term orientation toward their investments and placing greater emphasis on co-evolution with the acquired firms rather than transfer of knowledge back to China. This book offers readers a behind-the-scenes story of three separate M&A cases, shedding light on the growth models that ensue from mergers and acquisitions, and the endeavors of Chinese and German managers to grow the businesses together.
Download or read book Corporate Acquisitions and Mergers in Germany A Practical Guide to the Legal Financial and Administrative Implications written by Dieter Beinert and published by Springer. This book was released on 1991-05-28 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Mergers Acquisitions in Germany written by Dieter Beinert and published by . This book was released on 2006 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Mergers and Acquisition in Germany written by Martin Meyer-Fackler and published by . This book was released on 2016 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Performance of Corporate Acquisitions over the Medium Term in Germany written by and published by Springer-Verlag. This book was released on 2013-07-02 with total page 333 pages. Available in PDF, EPUB and Kindle. Book excerpt: K. Randolf Scheller evaluates the excess stock returns not only during an announcement period, but over a longer term period of up to five years.
Download or read book Choice of Payment in German Mergers and Acquisitions An Empirical Analysis of Bidder Acquisition and Business Cycles written by Ulrich M. Simon and published by GRIN Verlag. This book was released on 2020-07-03 with total page 129 pages. Available in PDF, EPUB and Kindle. Book excerpt: Master's Thesis from the year 2011 in the subject Business economics - Operations Research, European School of Business Reutlingen, language: English, abstract: This thesis investigates the choice of payment method in German M&A. It aims at identifying which determinants are most influential in explaining the choice of payment method in German M&A. The focus, thereby, is on bidder-, acquisition-, and business cycle characteristics. To provide empirical evidence, 207 German acquisitions conducted during January 2003 to December 2010 are closely studied. Mergers and Acquisitions (M&A) are among the most important and influential investment decisions made by a company. Consequently, M&A have attracted immense attention from both academics and professionals. Among the various topics that have been studied in M&A, the method of payment has been the subject of numerous researches both theoretically and empirically. These studies highlight that the method of payment is one of the most critical elements of the M&A process and its choice may well determine both the ability to complete the acquisitions and the future success of the merged entities. The choice of payment method in mergers and acquisitions (M&A) has significant diverse implications for the bidder, the target, and the shareholders of both parties. Therefore, it is driven by distinct factors. This becomes evident when examining the choice of payment method in M&A more closely. Consistent with earlier empirical studies, the logistic regressions'analysis shows that there are several characteristics that affect the choice of payment method. Particularly, the findings suggest that the characteristics of the bidder are most influential in determining the payment method for German M&A. That is to say, the larger a bidder’s total assets, a bidder’s cash holdings, and the relative size of the bidder to the target, the higher the probability of cash payments in German M&A. On the contrary, the higher a bidder’s leverage ratio and the higher a bidder’s tangible assets, the more likely share payments are employed. In addition, a rising stock market index also indicates a higher probability of cash payment in German M&A. Overall, the findings of this paper corroborate common theories and empirical studies. However, similar to other studies on the choice of payment method the analysis shows inconsistent results for some characteristics. This can be partly explained by country-specific characteristics. However, it can also be justified by the selection of the samples, the time, and the undertaking of the study.
