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 société européenne
- Technip / FMC
- Maurel & Prom / MPI
- Airbus / Safran