02738nam 2200649 a 450 991096776300332120240509123824.097838366256543836625652(CKB)2670000000053332(EBL)595094(OCoLC)679421943(SSID)ssj0000788489(PQKBManifestationID)11514135(PQKBTitleCode)TC0000788489(PQKBWorkID)10828472(PQKB)11023885(MiAaPQ)EBC595094(WaSeSS)Innodata00048202(Au-PeEL)EBL595094(CaPaEBR)ebr10487800(Perlego)1761110(EXLCZ)99267000000005333220110901d2009 uy 0engurcn|||||||||txtccrFinancing patterns of European buy-outs /Sascha Kaumann1st ed.Hamburg Diplomica Verlag20091 online resource (92 p.)Cover title.9783836675659 383667565X Includes bibliographical references.Financing patterns of European Buy-Outs; Table of contents; List of Acronyms; List of Objects; 1. Introduction; 2. The quest for a theory on optimal capital structure; 3. Financing patterns of European Buy-Outs; 4. The capitalisation process and other sources of value; 5. Summary and outlook; 6. References; 7. AppendixAs Buy-Outs became larger and more levered in the mid 2000's the European Leveraged Finance market experienced a wave of innovations. This research is concentrating on the capitalisation process of leveraged Buy-Outs in Europe, taking the perspective of an equity investor.We embark on the quest for the optimal capital structure by constructing an integrated model based on traditionalist (irrelevance hypothesis) and modernist (tax, risky debt and costly contracting hypothesis) views. In a second step we review common terms of financing instruments used in European Buy-Outs (ie. Senior debt,Consolidation and merger of corporationsEuropeLeveraged buyoutsEuropeManagement buyoutsEuropeVenture capitalEuropeConsolidation and merger of corporationsLeveraged buyoutsManagement buyoutsVenture capital658.16658.162Kaumann Sascha1810065MiAaPQMiAaPQMiAaPQBOOK9910967763003321Financing patterns of European buy-outs4361199UNINA