going private transactions in going private transactions in france
going private transactions in going private transactions in france
going private transactions in going private transactions in france
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
In this context, appeal of a <strong>go<strong>in</strong>g</strong> <strong>private</strong> transaction<br />
for all parties <strong>in</strong>volved:<br />
target’s shareholders: better price for their shares;<br />
managers: less time spent on f<strong>in</strong>ancial communications;<br />
focus on manag<strong>in</strong>g the company; more emphasis on<br />
strategic t t i long l and d medium-term di t decisions; d i i executive ti<br />
profit-shar<strong>in</strong>g mechanisms;<br />
companies: reduction of agency conflicts and costs<br />
with<strong>in</strong> the firm; non-disclosure of sensitive <strong>in</strong>formation to<br />
competitors; simplification of certa<strong>in</strong> <strong>transactions</strong><br />
(mergers; dissolution without liquidation; transfer of<br />
registered g office overseas). )<br />
22