Download or read book Public Company Takeovers in Germany written by Johannes Adolff and published by . This book was released on 2002 with total page 447 pages. Available in PDF, EPUB and Kindle. Book excerpt: A full account of the new Takeover Act.
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 Corporate Acquisitions and Mergers in Germany written by Dieter Beinert and published by Springer. This book was released on 2000-09-25 with total page 162 pages. Available in PDF, EPUB and Kindle. Book excerpt: Every day the economic importance of national boundaries diminishes. The globalisation of world markets is proceeding with every-increasing speed, stimulated by developments, such as the introduction of the single European currency, and even the smallest transactions frequently now include a cross-border element. Business executives and their advisers participating in a transaction need a clear and concise framework of understanding, which will enable them to identify the critical issues likely to affect the course of the deal and to formulate the questions on which detailed advice will be needed. Corporate Acquisitions and Mergers in Germany provides a one-stop guide to the practical issues involved for this jurisdiction. The following key topics are addressed: cultural aspects; regulatory framework; common financing methods; antitrust/competition aspects; taxation aspects; employment considerations; procedural formalities; accounting treatment of acquisitions and mergers; and future developments. Professional advisers involved in merger and acquisition activity in Germany, including bankers, independent lawyers or in-house counsel, tax consultants, accountants, public relations advisers, and actuaries, will find Corporate Acquisitions and Mergers in Germany an invaluable and reliable source of practical reference and information. This volume originally appeared as a country report in the loose-leaf work Corporate Acquisitions and Mergers edited by Peter Begg.
Download or read book German Public Takeover Law Bilingual Edition with an Introduction to the Law written by Thomas Stohlmeier and published by Springer. This book was released on 2002-05-28 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book introduces the reader To The new legal framework of public takeovers in Germany. it first explains the peculiarities of the German stock corporation, essentially the only company form capable of being publicly traded. Secondly, The rules of the new Securities Acquisition and Takeover Act are described to give an overview over the densely regulated takeover procedure. Thirdly, this book addresses important post-takeover issues, such as the restructuring measures that may be taken after an Offer has been successfully completed, including the newly introduced squeeze-out. The translations of the relevant German laws, In particular the Securities Acquisition and Takeover Act And The regulations promulgated thereunder, substantial portions of the Stock Corporation Act and other statutory materials relevant in public takeover situations are arranged synoptically. Together with the introduction, these texts will assist strategic and financial investors, their investment bankers, lawyers and other advisors to better Understand The new German law relating To The public takeover of listed companies.
Download or read book German Public Takeover Law written by Thomas Stohlmeier and published by . This book was released on 2015 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: How does the acquisition of a publicly listed company in Germany work, how is the transaction best structured, and what is market practice? How are the various stages of a takeover from the planning to achieving effective control linked together? What are the possible further integration steps through to a complete taking private of the target company?
Download or read book Takeovers in English and German Law written by Jennifer Payne and published by Hart Publishing. This book was released on 2002-11-06 with total page 194 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the law with regard to takeovers in England and Germany and the issues arising from cross-border mergers between them.
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 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 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 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 Defense Strategies Against Hostile Takeovers written by Jan Steinbächer and published by GRIN Verlag. This book was released on 2007-09 with total page 93 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bachelor Thesis from the year 2007 in the subject Business economics - Miscellaneous, grade: 94,0 %, International University of Monaco, 65 entries in the bibliography, language: English, abstract: Objective of this thesis was to identify the trends and developments of country-specific defense strategies against hostile takeovers and their determinants. Thus, it was necessary to analyze which possibilities of corporate defense would actually be feasible in certain countries. Defense strategies were subdivided into preventive and ad-hoc strategies. National characteristics and differentiators were shown and analyzed regarding their suitability as a defense measure. Especially in France and Germany the big influential players have been in a process of change: banks and governments are pursuing different investment strategies and companies loose their "systematic protection". The example of Germany illustrates that companies are looking for protective alternatives as old structures like the Rhenish capitalism are breaking up. The growth of M&A activities, especially of hostile takeovers, has affected national legislation to tighten their regulations; France has lifted barriers regarding takeovers (both friendly and hostile) regarding 11 specific industries at the time being. This example illustrates the increasingly protectionist behavior in Europe on a governmental level. Corporate Governance generally takes shareholders more and more into consideration regarding the vote on the adoption of defense measures and golden parachutes. In the US, companies started to diminish golden parachutes as a result of the proposal of activist shareholders. In many European countries, however, there are still enough loopholes to avoid foregone shareholder voting. A contrary trend is to be seen in the US, where poison pills are diminished on a fast pace. In addition, shareholders vote increasingly in favor of declassified boards. Golden parachutes are still prevalent, but not
Download or read book How Major Public Listed Blue Chip Enterprises in Germany Protect Themselves from Hostile Takeovers by Foreign Investors through Networks of Interlocking Directorates written by Noah M. Farhadi and published by . This book was released on 2020 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt: As a prime decision making body in the public corporation, Supervisory Board of Directors (Aufsichtsrat) are key players and co-architects of corporate mergers and takeovers. Scholars and practitioners claim that supervisory board members are often connected to each other by means of a shared director. In line with extant research, such networks are expected to promote the adoption of anti-takeover mechanisms such as poison pills, white knight as well as the spread of golden parachutes. Notably, corpora-tions in the grips of a hostile takeover often attempt to protect themselves through anti takeover strategies. In this paper, the author (1) provides evidence for the existence of interlocking networks of directorates, (2) isolates the major actors (members of the net-work) and (3) measures its density in DAX 30.
Download or read book The Takeover of Public Companies as a Mode of Exercising EU Treaty Freedoms written by Maciej Mataczynski and published by Peter Lang D. This book was released on 2017 with total page 199 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a comprehensive review of major legal problems affecting the processes of takeover of publicly listed companies with particular emphasis on EU, Polish and German law. Acquisitions are seen through the lens of two relevant EU Treaty freedoms: free movement of capital and freedom of establishment and the 13th (Takeover) Directive. The Book contains an in-depth review of the relevant case law of the Court of Justice. The authors discuss the limits of inclusion into shareholders' autonomy by transnational rules. They also look at breakthrough and neutrality rules stemming from the Takeover Directive. The extensive economic analysis serves as background to a legal-dogmatic research. The authors discuss the phenomenon of so-called national champions and its role in economies and societies of emerging markets.
Download or read book Emerging trends and developments of country specific defense strategies against hostile takeovers written by Jan Steinbächer and published by GRIN Verlag. This book was released on 2007-08-11 with total page 89 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bachelor Thesis from the year 2007 in the subject Business economics - Miscellaneous, grade: 94,0 %, International University of Monaco, language: English, abstract: Objective of this thesis was to identify the trends and developments of country-specific defense strategies against hostile takeovers and their determinants. Thus, it was necessary to analyze which possibilities of corporate defense would actually be feasible in certain countries. Defense strategies were subdivided into preventive and ad-hoc strategies. National characteristics and differentiators were shown and analyzed regarding their suitability as a defense measure. Especially in France and Germany the big influential players have been in a process of change: banks and governments are pursuing different investment strategies and companies loose their “systematic protection”. The example of Germany illustrates that companies are looking for protective alternatives as old structures like the Rhenish capitalism are breaking up. The growth of M&A activities, especially of hostile takeovers, has affected national legislation to tighten their regulations; France has lifted barriers regarding takeovers (both friendly and hostile) regarding 11 specific industries at the time being. This example illustrates the increasingly protectionist behavior in Europe on a governmental level. Corporate Governance generally takes shareholders more and more into consideration regarding the vote on the adoption of defense measures and golden parachutes. In the US, companies started to diminish golden parachutes as a result of the proposal of activist shareholders. In many European countries, however, there are still enough loopholes to avoid foregone shareholder voting. A contrary trend is to be seen in the US, where poison pills are diminished on a fast pace. In addition, shareholders vote increasingly in favor of declassified boards. Golden parachutes are still prevalent, but not for defense reasons. It was found that their effect is hardly predictable. Shareholders sharply criticize their adoption and increasingly vote against them. A change in Japan’s legislation allows hostile takeovers since May 2007. Consequently, Japanese companies are about to set up poison pills to protect themselves.
Download or read book A History of Corporate Governance around the World written by Randall K. Morck and published by University of Chicago Press. This book was released on 2007-11-01 with total page 700 pages. Available in PDF, EPUB and Kindle. Book excerpt: For many Americans, capitalism is a dynamic engine of prosperity that rewards the bold, the daring, and the hardworking. But to many outside the United States, capitalism seems like an initiative that serves only to concentrate power and wealth in the hands of a few hereditary oligarchies. As A History of Corporate Governance around the World shows, neither conception is wrong. In this volume, some of the brightest minds in the field of economics present new empirical research that suggests that each side of the debate has something to offer the other. Free enterprise and well-developed financial systems are proven to produce growth in those countries that have them. But research also suggests that in some other capitalist countries, arrangements truly do concentrate corporate ownership in the hands of a few wealthy families. A History of Corporate Governance around the World provides historical studies of the patterns of corporate governance in several countries-including the large industrial economies of Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States; larger developing economies like China and India; and alternative models like those of the Netherlands and Sweden.
Download or read book Performance of Corporate Acquisitions over the Medium Term in Germany written by and published by Deutscher Universitätsverlag. This book was released on 1999-06-22 with total page 316 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 The IFLR Guide to Germany written by and published by . This book was released on 2001 with total page 122 pages. Available in PDF, EPUB and Kindle. Book excerpt:
