chapter 6 - payment, ending&post merger activities

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  • 8/14/2019 Chapter 6 - Payment, Ending&Post Merger Activities

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    Chng VIChng

    VI

    Hnh thc thanh ton vHnh thc thanh ton vkt thc thng vkt thc thng v

    GV. Nguyn Hng HipKhoa Ti chnh Hc vin Ngn hng

    Email: [email protected]

    Mergers & Acquisitions

  • 8/14/2019 Chapter 6 - Payment, Ending&Post Merger Activities

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    Ni dungNi dung

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    Cc hnh thc thanh tonCc hnh thc thanh ton

    Tin mtTin mt C phiuC phiu

    Kt hp

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    Thanh ton bng tin mtThanh ton bng tin mt

    U IM?U IM?

    NHC IM?NHC IM?

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    Hon i c phiuHon i c phiu

    Bn cht? T l hon i? u v nhc im?

    PVD

    PVDI

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    Cng ty A c vn iu l 100 t ng, sp nhpvo cng ty B vn iu l 200 t ng vi t l honi 2 c phiu A i c 1 c phiu B. Vn iu l

    ca B sau khi sp nhp vi A l 250 t ng. Tuynhin, khi cng ty B i ng k li giy php kinhdoanh th cch hiu ca c quan cp ng k vn l200 +100 = 300 t ng vn iu l!...

    - Trch Bou t chng khon -

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    Tc ng n EPS v tng trngTc ng n EPS v tng trng

    Cc tiu thc DNA DNB

    LNST 6.000.000 2.500.000S lng c phiu 120.000 125.000EPS 50 20Gi c phiu 250 80P/E 5 ln 4 lnTng gi tr vn CP 30.000.000 10.000.000

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    Kt thc thng vKt thc thng v

    K kt thng v & Kt thc thng v Tuyn b cng khai v thng v

    Tuyn b ni b

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    Cc vn hu M&ACc vn hu M&A

    Th tc php l nh gi li thng v v d bo

    Ha nhp v vn ha

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    Thng v minh haThng v minh ha

    CTCP Mirae (KMR) v

    CTCP Mirae Fiber (KMF)

    http://c/Users/HiepNH/Desktop/PA%20sap%20nhap%20%20KMR%20&%20KMF.pdfhttp://c/Users/HiepNH/Desktop/PA%20sap%20nhap%20%20KMR%20&%20KMF.pdfhttp://c/Users/HiepNH/Desktop/PA%20sap%20nhap%20%20KMR%20&%20KMF.pdfhttp://c/Users/HiepNH/Desktop/PA%20sap%20nhap%20%20KMR%20&%20KMF.pdfhttp://c/Users/HiepNH/Desktop/PA%20sap%20nhap%20%20KMR%20&%20KMF.pdfhttp://c/Users/HiepNH/Desktop/PA%20sap%20nhap%20%20KMR%20&%20KMF.pdf