Subject category:
Finance, Accounting and Control
Published by:
Asia Case Research Centre, The University of Hong Kong
Length: 18 pages
Data source: Published sources
Share a link:
https://casecent.re/p/91414
Write a review
|
No reviews for this item
This product has not been used yet
Abstract
In November 2008, Pacific Century CyberWorks (''PCCW''), a telecommunications giant in Hong Kong, became the subject of a privatisation proposal. The proposed buyback of minority shares was offered by PCCW''s substantial shareholders. Despite allegations of vote rigging faced by the joint offerors, the privatisation proposal received the approval of stockholders in February 2009. This is a finance and corporate restructuring case that employs the discount cash flow model to ascertain the fair value of PCCW. The case also focuses on issues of corporate governance when a publicly traded company decides to go private.
Subject category:
Finance, Accounting and Control
Published by:
Asia Case Research Centre, The University of Hong Kong
Length: 20 pages
Data source: Published sources
About
Abstract
In November 2008, Pacific Century CyberWorks (''PCCW''), a telecommunications giant in Hong Kong, became the subject of a privatisation proposal. The proposed buyback of minority shares was offered by PCCW''s substantial shareholders. Despite allegations of vote rigging faced by the joint offerors, the privatisation proposal received the approval of stockholders in February 2009. This is a finance and corporate restructuring case that employs the discount cash flow model to ascertain the fair value of PCCW. The case also focuses on issues of corporate governance when a publicly traded company decides to go private.
Settings
Related
Subject category:
Finance, Accounting and Control
Published by:
Asia Case Research Centre, The University of Hong Kong
Length: 20 pages
Data source: Published sources