A methodology of express-evaluation and choosing financial schemes for merger and acquisition transactions in high-tech industries
Published: 27.09.2013
Authors: Sadovskaya T.G., Piskunova D.Y.
Published in issue: #3(15)/2013
DOI: 10.18698/2308-6033-2013-3-657
Category: Industrial economics
The article analyses peculiarities of using own and loan capital to finance merger and acquisition transactions in high-tech industries, outlines the main types of transaction risk. A methodology is proposed for express-evaluation and choosing financial schemes for merger and acquisition transactions. The methodology is based on calculating weighed average cost of capital, profitability of invested capital and risk level.