Corporate Restructuring in Finance

Short Description: Just because a company needs restructuring -- financial or operational -- does not mean it will do so. An erosion of Stakeholder value may occur for a variety of reasons, including Management interference. This program shows you how to do things right. Corporate restructuring is defined as any fundamental change in a company's business or financial structure, designed to increase the company's value. Corporate restructuring is often divided into two parts: 1. Financial restructuring or 2. Operational restructuring. This seminar emphasizes the practical side of corporate restructuring in today’s ever-challenging world. It focuses on the two objectives of the practical application through case studies, examples and Excel models as well as discussions of alternatives. Main ideas explored include: • What is restructuring & what are the alternatives. • When & why should you restructure vs. not. • How to calculate the “real” value of a firm both before & after a restructuring. • What is Leverage; when to use it and how best to finance it. • When to divest an operating unit & how to do it to optimize the remaining value.