Advertisement

Motives for and Consequences of Minority Equity Purchases

  • Authors
  • Friedel Drees

Table of contents

About this book

Introduction

Minority block purchases describe the acquisition of a non-controlling equity stake below 50 percent in a corporation. The individual motives behind these transactions can vary significantly across different types of investors and firms. Friedel Drees examines the capital markets’ reaction to the announcements of minority equity purchases in Europe and the U.S. and identifies the potential sources of value creation. He shows that company-specific characteristics, such as the strategic relatedness between two corporations, can have a significant effect on shareholder value.

Keywords

Corporate Finance Kapitalmarkt Mergers & Acquisitions Minderheitsbeteiligungen Shareholder Value Unternehmensbeteiligungen

Bibliographic information

Industry Sectors
Pharma
Automotive
Chemical Manufacturing
Biotechnology
Finance, Business & Banking
Oil, Gas & Geosciences
Engineering