Value Creation in European Equity Carve-Outs
Publication Date: 2006
ISBN: 978-3-8350-9363-8
Internet Resource: Please Login to download book
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 all carve-outs actually do create value.
Subject: Business and Economics, Capital Markets, Corporate restructuring, Event study, Long-term perfomance study, Subsidiary IPO
