Description
Corporate Finance Flotations, Equity Issues and Acquisitions describes the theory, principles and practice of this complex area, covering the full range of activities carried out by the corporate finance department of major merchant and investment banks. Throughout, the book has a strong practical emphasis, identifying the key elements behind the formulation of an appropriate strategy and detailing the steps that need to be taken.
The work is in four parts: corporate securities: characteristics, valuation and pricing; going public by conventional methods; alternatives and additions to conventional equity issues; takeovers, mergers and disposals. Each topic is examined descriptively and analytically, based on hands on' experience of actual transactions.
This second edition of Sabine's popular work has been fully updated and includes new material that takes into account recent developments in the field. In particular, a new chapter on leveraged buy-outs has been added, more emphasis has been given to instruments such as warrants and the increasing diversity of methods of going public has been examined.
Completely comprehensive in coverage and clearly written, Corporate Finance-Flotations, Equity Issues and Acquisitions will be essential reading for executives starting work as specialists in merchant or investment banks or as analysts in client companies and institutions. It is also designed to assist non-specialists who are regularly involved in certain aspects of corporate finance transactions and documentation.
