Miro Zecevic

What is the purpose of interim management?  Public companies often have two tier corporate organisation which consist of board of directors who protect shareholders interest and senior management who is responsible for day-to day operations and profitability of the company, including chief executive officer (CEO), chief operation officer (COO) and chief financial officer (CFO). When management is doing a good job business operations should run smoothly but as you probably know that is not always the case. In time of turmoil company can seek professional help in form of consultancy or more often by hiring an interim management whose job is to manage a company during a transition or crisis. Interim management is modern troubleshooting management techniques that started in the mid to late 1970s gaining a momentum during the decades to come. Even though it bears similarity with management consultancy, interim management ca...

Mergers and Acquisitions Mergers and acquisitions (M&A) are defined as a combination of companies. When two companies combine together to form one company, it is termed as Merger of companies. While acquisitions are where one company is taken over by the company. In the case of Merger, the acquired company ends to exist and becomes part of the acquiring company. In the case of Acquisition, the acquiring company takes over the majority stake in the acquired company, and the acquiring company continues to be In existence. In short one in acquisition one business/organization buys the other business/organization. Definition: Merger – When two companies combines together to form one company, it is termed as merger of companies. The two companies end to exist and new company is formed. Acquisition – In case of acquisition, the acquiring company takes over the majority stake in the acquired company, and acquiring company continues to be in existence....

Merger and Acquisition Roadmap   During a merger or acquisition, there are 4 key steps that must happen to ensure a smooth transition internally, in the media and in the boardrooms of your customers. STEP 1: PRE-ANNOUNCEMENT Develop key messages to be used internally and externally in branding, communications, PR, advertising and social media. STEP 2: DAY-1 TACTICAL EXECUTION PLAN Announce the transaction and be prepared with collateral to address the media, clients, customers and employees. STEP 3: THE FIRST 100 DAYS Open communication to customers and employees is critical. Step 1 is critical in preparing both companies to operate smoothly during this transition. STEP 4: DAY 101–1 YEAR POST ACQUISITION The newly joined companies now function as a fully integrated team. Any lingering divisions between the two sides can result in a failed merger or acquisition.  

Cross Border M&A What is Cross Border M&A? They are basically those transactions wherein the target company and the acquirer company are of different home countries. This deal is such in which the assets and processes of the companies in different countries are combined to form a new legitimate entity. Driving forces for Cross Border M&A’s -Globalization of financial markets -Market pressures and falling demand due to international competition -Seek new market opportunities since the technology is fast evolving -Geographical diversification which would result in exploring the assets in other countries -Increase companies efficiency in producing the goods and services -Fulfillment of the objective to grow profitably -Technology share and innovation which reduces costs Effects of Cross Border M&A Capital build up Cross border merger and acquisitions contribute in capital accumulation on a long term basis. In order to expand their businesses it n...

Reverse takeover - Canada Reverse takeover is transaction in which public company listed on a stock exchange in Canada with few or without assets (often referred as shell company) acquires all securities of a private company with a significant assets and operation. It is considered a less expensive and time consuming alternative to initial public offering (IPO). This way public companies acquires all securities of public company and it becomes direct or indirect wholly-owned subsidiary. Shareholders of the private company receive shares from the public company  and the operating company's shareholders ultimately acquire a controlling interest in the new, combined company. Shell companies may be created and maintained just for purpose of reverse takeover or it can be existing company, a reporting issuer that have previously ceased operations, but still maintain their reporting issuer status and usually have the shareholders required to list on a stock exch...