1. Intro. to Corporate Restructuring
Guess what is the Corporation up to?

2. MERGER

3. ACQUISITION

4. JOINT VENTURE

5. TENDER OFFER

6. ASSET ACQUISITION

7. SPIN-OFF

8. SPLIT-OFF

9. SPLIT-UP

10. DIVESTITURE

11. EQUITY CARVE OUT

12. GREEN MAIL – T.O. DEFENSE

13. WHITE KNIGHT – T.O.DEFENSE

14. WHITE SQUIRE

15. These were some options…..

16. CORPORATE RESTRUCTURING
• These are activities related to
expansion/contraction of a firm’s operations
or activities related to changes in its assets or
ownership structure.
• The most common forms of Corporate
Restructuring are – mergers, amalgamation,
acquisition, divestiture, demerger, etc.

17. Classification of Corp. Res. Options
1. EXPANSION
MERGERS
TENDER
OFFER
JOINT
VENTURE
2. SELL-OFFS
SPIN-OFFS
SPLIT –OFF
SPLIT-UP
DIVESTITURE

18. Classification of Corp. Res. Options
3.CORPORATE
CONTROL
PREMIUM BUY BACK
STANDSTILL AGREEMENT
ANTI-TAKEOVER AMMENDMENT
PROXY CONTESTS
4. CHANGES IN
OWNE SHIP
STRUCTURE
EXCHANGE OFFERS
SHARE REPURCHASES
GOING PRIVATE
LEVERAGED BUY-OUT
DISINVESTMENT