4 case(s) found.
Arcelor believes its shares are undervalued and has to decide whether to buy back stock via a repurchase tender offer or via an open market repurchase. Before doing so, it has to value the company to get an estimate of the fair value of the company. It has also to decide whether it can afford the buyback: is the increase in leverage a move to a better capital structure?
Reference 5476
Published 31 Jan 2009
Length 17 page(s)
Topic Economics & Finance
Region Europe
Industry Financial Services, Mining & Metals
Arcelor believes its shares are undervalued and has to decide whether to buy back stock via a repurchase tender offer or via an open market repurchase. Before doing so, it has to value the company to get an estimate of the fair value of the company. It has also to decide whether it can afford the buyback: is the increase in leverage a move to a better capital structure?
The case describes the hostile bid of Mittal for Arcelor in the first half of 2006. It documents stock price behaviour around the crucial events surrounding the acquisition. It also provides estimates of synergy benefits as well as a spreadsheet that allows students to calculate directly the implications of synergies for shareholder value.
Reference 5471
Published 30 Jan 2009
Length 21 page(s)
Topic Economics & Finance
Region Europe
Industry Financial Services, Mining & Metals
The case describes the hostile bid of Mittal for Arcelor in the first half of 2006. It documents stock price behaviour around the crucial events surrounding the acquisition. It also provides estimates of synergy benefits as well as a spreadsheet that allows students to calculate directly the implications of synergies for shareholder value.
This case describes the hostile takeover bid by Mittal steel for Arcelor steel in what turned out to be one of the most acrimonious takeovers in European history. The battle began in January 2006 and lasted six months. From the outset, Arcelor's management resisted Mittal's deal using every possible defense involving politicians, bankers and public relations advisors, among others.
Reference 5424
Published 02 Jan 2007
Length 37 page(s)
Topic Economics & Finance
Region Europe
Industry Mining & Metals
This case describes the hostile takeover bid by Mittal steel for Arcelor steel in what turned out to be one of the most acrimonious takeovers in European history. The battle began in January 2006 and lasted six months. From the outset, Arcelor's management resisted Mittal's deal using every possible defense involving politicians, bankers and public relations advisors, among others.
This case is ideal as an introduction to relevant costs and product costing. The case describes the issues a manager of a German plant producing solder faces in deciding whether to scrap or reuse returned packaging which contains toxic waste or change the packaging.
Reference 4728
Published 15 Dec 1997
Length 4 page(s)
Topic Economics & Finance
Region Europe
Industry Mining & Metals
This case is ideal as an introduction to relevant costs and product costing. The case describes the issues a manager of a German plant producing solder faces in deciding whether to scrap or reuse returned packaging which contains toxic waste or change the packaging.