Financial Reporting
- Purchase price allocations (IFRS and US GAAP) on transactions with a deal value ranging from less than £5m to £1 billion+. Acquirers include a UK listed telecommunications company, global pharmaceutical company, UK listed software company, media, private client bank, motor manufacturer and consumer goods manufacturer and distributor
- Annual impairment testing and purchase price allocations for a UK listed media company
- Assistance with the calculation of discount rate for a UK high street clothing retailer
Strategic reviews
- Valuation of a biotech company to assist the directors in their review of options and timing for a trade sale, IPO or minority investment
- Valuation of a retailer in the context of assessing its strategic options for investment and expansion of activities
Sale or purchase of a business
- Provided a fairness opinion in respect of the sale of a stake in a media company to an overseas listed acquirer. Deal size $200m
- Pricing analysis of designer brand on behalf of a potential investor
Minority shareholdings
- Independent valuation of a shareholding under the Articles of Association of a UK private industrial company in connection with the exit of a director
Joint ventures
- Valuation advisory in connection with a potential joint venture in the Middle East
- Valuation advice to a major UK company entering into a major joint venture in Russia
- Valuation advice in connection with a European joint venture in the financial services sector.
Disputes
- Independent valuer of a hotel services company in accordance with a court order relating to a shareholder dispute
- Independent valuation of a financial services company in relation to a dispute over the takeover of the company.
Employee share schemes
- Valuation of a large UK private company in the services sector for the purpose of assisting directors in determining the price for annual share dealing in an employee share scheme
- Acted as independent valuer of a minority interest in a media company under the terms of a shareholders’ agreement in connection with employee remuneration
Restructuring and reorganisations
- Valuation of insurance company in connection with a major refinancing
- Valuation of a UK retail group in connection with a potential restructuring
- Valuation of a designer accessories company on behalf of its major creditors
- Valuation of an entertainment division of a UK group on behalf of the existing shareholders in negotiations on financing