Case Studies
Managing a Hostile Bid
Leading Industrial Multinational in Europe
We assisted the CEO in managing a hostile takeover by the main global competitor. We helped map, analyze the interests and define strategies to address key stakeholders, including coordinated communication. Besides strongly improving relationships with all relevant parties, we achieved significant shareholder value creation: the final takeover price increased by 49%, reaching a premium of 98% over the market cap when negotiations began – a total improvement of US$15 billion.