METHODS FOR EVALUATION OF THE SYNERGIC EFFECT OF MERGERS AND ACQUISITIONS OF OIL AND GAS COMPANIES

被引：0

作者：

Khalikova, D. O. ^{[1
]}

Cherepovitsyn, A. E. ^{[1
]}

机构：

[1] Min Univ, Natl Mineral Resources Univ, St Petersburg, Russia

来源：

JOURNAL OF MINING INSTITUTE | 2013年 / 201卷

关键词：

mergers and acquisitions; synergic effect; net present value of synergies; financial and operational multipliers; method for estimating the value of the brand;

D O I：

暂无

中图分类号：

TD [矿业工程];

学科分类号：

0819 ;

摘要：

In this article the authors explored different approaches to assessing synergies in mergers and acquisitions of companies, such as: evaluation based on discounted cash flow; evaluation based on a combination of financial and operational multipliers, and evaluation based on changes in cash flow and brand strength. It is noted that when choosing approaches to evaluation synergic effect resulting from mergers and acquisitions, it is necessary to take into account specificity of oil and gas companies. The article considers internal and external factors that determine the specificity of the oil and gas company as exemplified by "Bashneft, JSC".

引用

页码：241 / 246

页数：6