{"product_id":"buyout-basics-grundlagen-von-buyouts-von-nadine-ulrich","title":"Buyout Basics","description":"\u003cp\u003eSeminar paper from the year 2007 in the subject Business economics - Investment and Finance, grade: 1,3, Technical University of Munich (Wirtschaftswissenschaften), course: Entrepreneurial Finance, language: English, abstract: Die Arbeit gibt einen Überblick über die verschiedenen Formen von Buyouts, die verschiedenen Anlässe für Buyouts, die Finanzierung und Exit-Möglichkeiten, sowie über die wertschöpfenden Faktoren.\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eOutline of the Work\u003c\/p\u003e\u003cp\u003eThis work tries to give an overview of the characteristics and types of a buyout, the financing and exit strategies as well as the influence on the value of the respective company. \u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eChapter 2 describes the basics of a buyout, starting with a definition of the term ¿buyout¿ and the possible buyout constructions. Thereupon follows a listing of the different buyout types and a short explanation of those. The chapter closes with a description of the most common motivations for buyouts. \u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eChapter 3 treats the financial aspect of a buyout. It is subdivided into two sections. The first one explains leveraging, the financing technique used in most buyouts. A short description of the leverage effect and its application in buyouts is given being followed by a listing of preconditions that a business has to fulfil to be suitable for a buyout. Thereafter the financial instruments and their structuring in a buyout are explained. The paragraph concludes with a short listing of covenants usually included in financial buyout contracts. The second section specifies the different exit strategies for the financial intermediaries. \u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eChapter 4 gives a short overview of the different factors of value creation in buyouts. This is done by describing a framework to categorise the possible aspects and then by mentioning and classifying those ones.\u003c\/p\u003e\u003cp\u003eFinally the conclusion gives a short summary with a crititcal assessment of value creation in buyouts. It closes with a future outlook.\u003c\/p\u003e\u003cdiv class=\"aw-variant-hidden-subtitle-div\" id=\"aw-variant-subtitle-9783640432851\"\u003e\u003ch3\u003eGrundlagen von Buyouts\u003c\/h3\u003e\u003c\/div\u003e","brand":"Libri","offers":[{"title":"Softcover - 9783640432851","offer_id":39429962530909,"sku":"9783640432851","price":18.95,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0940\/0622\/files\/c73cfb5a-f815-40bf-8dda-eda358ff0f8f.jpg?v=1777613680","url":"https:\/\/shop.autorenwelt.de\/products\/buyout-basics-grundlagen-von-buyouts-von-nadine-ulrich","provider":"Autorenwelt Shop","version":"1.0","type":"link"}