Control vs. Liquidity in M&A transactions

When dealing with the sale of their own business, entrepreneurs come to face two of the most controversial topics in estimating the value of a business and understand that between the two, there is a one-way relationship—control affects marketability, but marketability does not affect control. The minority stakeholder may benefit from as much [...]

By |2019-11-19T07:58:31+00:00October 11th, 2019|Smart Facts|0 Comments

Valuation of equipment / machinery import as contribution in kind

The contribution in kind, with equipment or machinery, to the capital of the Romanian subsidiaries by the foreign parent companies and their recording in the accounting ledgers, is made based on a report made by a Romanian authorized valuer, even if there is a valuation report made in the country of origin of [...]

By |2019-10-04T11:13:25+00:00September 18th, 2019|Smart Facts|0 Comments

Factors to be weighted in M&A’s transactions

Strategic corporate buyers are paying a few percent points more for their aquisitions (publicly traded companies) compared to going-private transactions, while financial buyers (portfolio administrators) are likely to pay less. Nevertheless, the transaction price remains subject to the ability of the M&A consultant searching for adequate potential buyers.

By |2019-10-04T11:11:12+00:00September 13th, 2019|Smart Facts|0 Comments