ASSET CONTRIBUTION AND MERGER APPRAISALS AND SPECIAL PRIVILEGE APPRAISALS

ASSET CONTRIBUTION AND MERGER APPRAISALS AND SPECIAL PRIVILEGE APPRAISALS

Client needs

  • Arrange the statutory assignment aimed particularly at protecting shareholders’ interests
  • Obtain an independent opinion of the financial terms and conditions and valuations proposed
  • Assess the fairness of a transaction
  • Assess special privileges stipulated

Our strengths

  • Acknowledged expertise
  • A team of experienced professionals accustomed to taking part in complex, high-stakes deals (cross-border mergers, transactions involving listed companies etc.) and expertise in independent appraisals required by the AMF
  • Member of the CNCC’s valuation committee and participation in the overhaul of technical opinions on asset contribution and merger appraisal assignments
  • Partners who are members of professional bodies: CNCC (professional standards and valuation committees), APEI, SFEV, CCEF and IVSC

Solutions / services

  • Finexsi is involved on a regular basis in transactions of all sizes and in all business sectors
  • Finexsi uses best practice, whatever the transaction's specific features
    a. contributions
    b. mergers
    c. spin-offs
    d. assessments of special privileges stipulated
  • Finexsi also acts as an advisor when preparing this type of transaction

Approach / methodology

  • Effective co-ordination between the parties (participants in the transaction, parties’ advisors, AMF, etc.) and between the various departments handling the transaction (legal, finance, senior management, etc.)
  • In-depth analysis of the transaction context and the arrangements envisaged by the parties
  • Multi-criterion approach to valuation and use of best valuation practices

Sample assignments

  • Merger between two listed groups through a contribution of shares; Restructuring of business segments within a listed group (purchase price allocation, asset contributions, spin-offs, mergers)
  • Vinci Cegelec
  • BNPP Fortis / BNL
  • LVMH Bulgari
  • SCOR (Societas Europaea)
  • Technip / FMC
  • Maurel & Prom / MPI
  • Airbus / Safran