In the current highly uncertain economic environment, corporate decision making is increasingly difficult. Strategic questions abound.
Should excess cash flows be reinvested in the firm or distributed to shareholders? Does restructuring through a combination of divestitures and spin-offs make sense? Should firms continue to “buy” growth through M&As and run the risk of overpaying, making achieving required shareholder returns more challenging?
Should corporate executives stay with what they know or diversify? Should firms downsize their operations to better focus on markets in which their core competencies give them a competitive advantage? These are important questions with no easy answers, that accountants are roped into answering every single day.
While this webinar, and the rest of the webinars in this series, does not promise quick answers to these demanding questions, it does offer insight into all aspects of the corporate restructuring process from takeovers and joint ventures to divestitures and spin-offs and equity carve-outs and reorganizing businesses.
This webinar focuses on the ways in which M&A transactions are financed, the impact of near-zero/negative interest rates on M&As, and the role played by private equity firms and hedge funds in financing highly leveraged deals. This chapter also discusses how LBOs are structured. How LBOs create value and key success factors also are discussed in detail.