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| BBG SIMEX – BULGARIA offers a full scale of services in relation to acquisition of majority blocks of shares from public or non-public companies: |
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| Legal analysis |
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Legal analysis of the general normative order, in relation to the acquisition procedure and the special normative order relevant to the activity of the company chosen for acquisition.
Legal analysis of the chosen company, on the basis of the information available at that moment, including an analysis of the company’s contractual relations of significant importance, penalties, restitution claims, easement rights, limitations and demands, regarding the location of sites in protected territories, lawsuits etc. |
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| Technical analysis |
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Analysis of the real technical condition and reliability of the equipment, installations and means of transport;
Analysis of the adequacy of the equipment by quality, quantity and technical condition;
Management analysis, organization of work, the number and qualification of personnel;
Analysis of the investment needs in short-term, medium and long-term plan;
Analysis of the real production capacity of the company chosen for acquisition and a prognosis for its development.
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| Financial analysis and evaluation |
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Financial analysis and evaluation of the market price of the share or block of shares of the chosen company.
The financial analysis is made by the use of a system of indicators in accordance with the usual world practice standards.
The evaluation is made in accordance with the demands of the Standards for professional business evaluation applied in the usual world practice including the standards and methods of business evaluation apprehended according to the regulations for shares evaluation by the Law on public offering of securities and the Law on privatization.
The pro-form finance accounts made for the purposes of the evaluation are up to the Bulgarian and world accounting standards’ requirements.
The details of the financial analysis, evaluations, grounds and business plans made for the purposes of the acquisition are presented in sections Working tools , Frame contents and Demo version and of the studies in the field of corporate finance.
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| Strategy |
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| Preparing a strategy for acquisition of the chosen company on the basis of the legal, technical, and financial analysis and evaluation results. |
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| Documentation and offers |
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| Preparing the necessary documentation, including an offer or tender offer, investment program, employment program, business plan, strategy and others according to the demands of the acquisition procedure. |
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| Representation |
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Representation and management of the relations with all government and non-government institutions related to the acquisition process, including all ministries, the Privatization agency, Bulgarian stock exchange – Sofia and others;
Procedure representation before the Supreme Administrative court of Republic of Bulgaria in case of lawsuits related to the acquisition process.
Managing the media and PR presentation before the public at the time of the acquisition.
Correspondence and other related activities
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| Negotiations |
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| Conducting negotiations in accordance with the chosen strategy and the chosen company’s acquisition procedure. |
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| Realization |
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Acquisition of majority blocks of shares from companies by means of:
Participation in privatization procedures;
Bulgarian stock exchange – Sofia privatization segment deals;
Tender offer on the floor of the Bulgarian stock exchange – Sofia;
Direct negotiation and buying up blocks of shares of non-public companies.
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