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Presented By: Sameep Bansal
Topics covered ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Case Study - TATA Tetley ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Possible Strategies/Solutions ,[object Object],[object Object]
Some disturbing questions??? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Pros and Cons of acquiring Tetley ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Pros and Cons of acquiring Tetley - Cont ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Finally ,[object Object],[object Object],[object Object],[object Object],[object Object]
LBO = Definition ,[object Object],[object Object],[object Object]
Example of LBO in Daily life ,[object Object],[object Object]
Other Similar Term ,[object Object]
Characteristics ,[object Object],[object Object],[object Object],[object Object]
How LBO is done? Ref: The McGraw-Hill Guide to Acquiring and Divesting Businesses ,[object Object],[object Object],[object Object]
Asset Purchase ,[object Object],[object Object],[object Object]
Stock Purchase ,[object Object],[object Object]
Successful Strategy ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Scanning target Company ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
LBO Financing ,[object Object],[object Object],[object Object],[object Object],[object Object]
SPV – Special purpose vehicle ,[object Object],[object Object],[object Object]
Sources of Gains ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Tax Savings ,[object Object],[object Object],[object Object],[object Object]
Management Incentives ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Underpricing ,[object Object],[object Object],[object Object],[object Object],[object Object]
Tata – Tetley LBO; Solution ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],  March 2000 Tata Tea Limited Acquisition of 100% equity stake in Tetley Tea (UK) INR 21,350,000,000

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Going Private – Leverage Buyout

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