Robert Alan Hill Company Valuation and Takeover Part II Download free books at Download free eBooks at bookboon.com 2 Robert Alan Hill Company Valuation and Takeover Part II Download free eBooks at bookboon.com 3 Company Valuation and Takeover: Part II © 2012 Robert Alan Hill & bookboon.com ISBN 978-87-403-0135-9 Download free eBooks at bookboon.com Click on the ad to read more 4 Company Valuation and Takeover: Part II Contents Contents About the Author 7 Part One: A Guide to Stock Market Investment 8 1 Strategies for Investment (I) 9 Introduction 9 1.1 Dividends as Income 11 1.2 Dividends for Growth 12 1.3 e Price-Earnings Ratio: Past and Future 13 Summary and Conclusions 15 Selected References 16 2 Strategies for Investment (II) 17 Introduction 17 2.1 Corporate Information 17 2.2 “Beating” the Market 20 Summary and Conclusions 23 Selected References 24 www.sylvania.com We do not reinvent the wheel we reinvent light. Fascinating lighting offers an infinite spectrum of possibilities: Innovative technologies and new markets provide both opportunities and challenges. An environment in which your expertise is in high demand. Enjoy the supportive working atmosphere within our global group and benefit from international career paths. Implement sustainable ideas in close cooperation with other specialists and contribute to influencing our future. Come and join us in reinventing light every day. Light is OSRAM Download free eBooks at bookboon.com Click on the ad to read more 5 Company Valuation and Takeover: Part II Contents Part Two: Valuation and Takeover 25 3 A Stock Exchange Valuation 26 Introduction 26 3.1 Coming to the Market 26 3.2 Calculations and Assumptions 29 3.3 A Total Market Valuation 30 3.4 An Aggregate Flotation Value 31 3.5 e Number and Denomination of Shares 31 3.6 A Valuation per Share 32 Summary and Conclusions 32 4 Managerial Motivation and Corporate Takeover 34 Introduction 34 4.1 Objective Motivational Factors 34 4.2 Subjective Motivational Factors 37 Summary and Conclusions 39 Selected References 39 5 Acquisition Pricing and Accounting Data 40 Introduction 40 5.1 Takeover Valuation: e Case for Net Assets 41 360° thinking . © Deloitte & Touche LLP and affiliated entities. Discover the truth at www.deloitte.ca/careers