Value Creation in European Equity Carve-Outs

Value Creation in European Equity Carve-Outs

Author: Nikolas Pojezny

Publisher: Springer Science & Business Media

Published: 2007-10-24

Total Pages: 334

ISBN-13: 3835093630

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Employing the most comprehensive sample of European carve-outs to date, Nikolas Pojezny analyzes the performance of carve-outs along various dimensions: Both the reaction of parent firms to the announcement of a carve-out as well as share price and operating performance in a multi-year window around the event are examined in detail.