This course can be presented in-house via live webinar.
The trainer has 15 years of experience in accounting and investment banking at leading firms and is an experienced financial trainer who has delivered courses for financial institutions in the City of London and around the world, in the areas of Corporate Finance, Valuation (Industrials and Banks), Financial Modelling, M&A, LBO, Financial Accounting, Capital Markets, Bank Regulatory Capital, Financial Risks, both in English and French.
Case study II – Citigroup listing of Primerica
Case study III – ITT three-way spin-off in Exelis, Xylem and “old” ITT
Case study V – Mead Johnson separation from Bristol-Myers Squibb as a two-step process: equity carve-out followed by split-off
This session covers the main divestiture options available to a firm as a going concern.
We focus on private market sale, Initial Public Offering (IPO), spin-off, split-off and equity carve-out. The motives, pros and cons of each structure are explained in detail in light of precedent transactions. We also discuss financial impact including balance sheet deconsolidation and EPS accretion (dilution). Spreadsheet work and real divestiture cases are used throughout the session.
Here are some other Financial Modelling Courses which may be of interest
Training Course Title
Training Course Summary
|Modelling for Restructuring||Get to grips with assessing refinancing risk, market data, debt terms & conditions including different debt products and which companies realistically have access to them|
|Modelling for Stressed and Distressed Companies||Learn about stressed and distressed companies including capital structure analysis & financing issues|
|Modelling for M&A||Master the modelling of integrated financial statements|