Subject category:
Finance, Accounting and Control
Published by:
Harvard Business Publishing
Version: 31 March 2006
Length: 29 pages
Data source: Field research
Abstract
What price should Dow Chemical bid for PBB, a petrochemical complex that is being privatized by the Argentine government? To answer this question, students are forced to consider the role of country risk, the underlying currency exposure of the business, and how to value an investment opportunity that has several stages. Given that it is a privatization, students are also forced to consider the political dynamics involved, the incentives of local managers, and the bidding process of a privatization. The case provides detailed cash flows and discount rate information, allowing students to conduct a thorough valuation for an emerging markets project. To obtain executable spreadsheets (courseware), please contact our customer service department at custserv@hbsp.harvard.edu.
Location:
Industry:
Size:
USD20,200 million revenues
Other setting(s):
1995
Subject category:
Finance, Accounting and Control
Published by:
Harvard Business Publishing
Version: 7 December 2005
Length: 26 pages
Data source: Field research
Spanish language
Subject category:
Finance, Accounting and Control
Published by:
Harvard Business Publishing
Version: 31 March 2006
Revision date: 8-Apr-2019
Length: 30 pages
Data source: Field research
Subject category:
Finance, Accounting and Control
Published by:
Harvard Business Publishing
Version: 31 March 2004
Format:
.xls
Data source: Published sources
About
Abstract
What price should Dow Chemical bid for PBB, a petrochemical complex that is being privatized by the Argentine government? To answer this question, students are forced to consider the role of country risk, the underlying currency exposure of the business, and how to value an investment opportunity that has several stages. Given that it is a privatization, students are also forced to consider the political dynamics involved, the incentives of local managers, and the bidding process of a privatization. The case provides detailed cash flows and discount rate information, allowing students to conduct a thorough valuation for an emerging markets project. To obtain executable spreadsheets (courseware), please contact our customer service department at custserv@hbsp.harvard.edu.
Settings
Location:
Industry:
Size:
USD20,200 million revenues
Other setting(s):
1995
Related
Subject category:
Finance, Accounting and Control
Published by:
Harvard Business Publishing
Version: 7 December 2005
Length: 26 pages
Data source: Field research
Subject category:
Finance, Accounting and Control
Published by:
Harvard Business Publishing
Version: 31 March 2006
Revision date: 8-Apr-2019
Length: 30 pages
Data source: Field research
Subject category:
Finance, Accounting and Control
Published by:
Harvard Business Publishing
Version: 31 March 2004
Format:
.xls
Data source: Published sources