Investor's Interests

• Posted by jbehrendt on June 29, 2009
• 4 comments

The last weeks passed pretty fast. After having informed the supervisory board about the intended carve-outs, the project office is bombed with requests for reviewing certain carve-out documents, with answering special questions the project team never thought about, and with requests for additiona... [More]

The Train Starts Moving

• Posted by jbehrendt on May 20, 2009
• 25 comments

You have read that last week was decision time, that the board gave permission to continue with the project, to inform the participants of the relevant institutions about the project, and about the need to approve the changes we are suggesting. Today, only one week after the board meeting, the rel... [More]

Company Valuation

• Posted by jbehrendt on May 11, 2009
• 14 comments

Last week the long-expected company valuation results were presented by the audit company thqt was commissioned with it. Although the intended transactions will be recorded at book value for accounting and especially for tax purposes in order to avoid the disclosure and taxation of hidden reserves... [More]