开发者:上海品职教育科技有限公司 隐私政策详情

应用版本:4.2.11(IOS)|3.2.5(安卓)APP下载

manman · 2024年07月07日

financial control premium跟 synergy control premium有啥区别

* 问题详情,请 查看题干

NO.PZ202312130100000105

问题如下:

Schwalke learns that his firm intends to combine the new target company with an existing portfolio company prior to taking it public. Should Schwalke apply a financial or synergistic control premium, and how does this level of control
premium compare to the other?

选项:

A.

Financial; higher

B.

Financial; lower

C.

Synergistic; higher

解释:

C is correct. As Schwalke’s firm seeks to realize synergies from the business combination of the target and existing portfolio company, it is likely to consider a synergistic premium which exceeds that of a financial buyer

financial control premium跟 synergy control premium有啥区别

1 个答案

王园圆_品职助教 · 2024年07月07日

同学你好,financial premium纯粹是为了获得这个公司的控股权或者投票权所以多支付的溢价

而synergy premium除了获得控股权或投票权,还会试图参与这个被投资公司的经营,或者把这个公司和现有公司一起结合起来实现利益最大化——所谓的synergy就是协同效应,必然是要共同经营才有协同性的——就像本题,特意说了要combination of the target and existing portfolio company