Paper

4. Based on your analysis in (1) – (3) above, what is your overall conclusion regarding the

According to our calculations Cooper Copper has an optimum bargaining position because they can offer up to $60.13 (at a 4% growth estimated rate) for it’s the stock in order to acquire the majority its shares. Porter 's offer of $42.00 per share failed to get the majority of shares need to acquire control. VLN 's offered to honor the price of $53.10 for preferred shares. This is the share value that speculators and stockholders would hope to obtain although the actual offer could end up to be much less. According to our calculations and analysis the best possible offer Copper can offer up to $60.13 (at a 4% growth estimated rate) per share for Nicholson stock.

The goal of this Statement is to enhance the significance, similarity, and sincerity of the financial information that is provided by the reporting entity in a consolidated financial statement and by reporting standards as well as establishing accounting that are require. In cases of the ownership interest when subsidiaries are held by other parties other than the parent they must be clearly identified, meaning properly labeled. Also Changes in a parent's ownership interest while the parent holds its controlling financial interest in its subsidiary must be represented reliably. A parent's ownership interest in a subsidiary changes if the parent buys extra ownership interests in its subsidiary or if the parent offers some of its ownership interests in its subsidiary. It likewise changes if the subsidiary reacquires some of its ownership interests or the subsidiary issues extra ownership interests. Those exchanges are financially comparable, and this Statement requires that they be represented comparatively, as equity

From the table 1-1 and figure 1-1 above, it can be seen that the Heystead Nominees Proprietary Ltd (Robinson Family) holds 54.2% of the shares of Beacon Lighting Grouping Limited as the substantial shareholder of this company. The institutional shareholders including Hyperion Asset Management Ltd, Colonial First State Asset Management Ltd, Wlison Asset Management Pty

Refining your solutions means making god ideas even better – that is, making the results of

BP, originally known as British Petroleum which was founded in 1889, is part of the world’s seven largest publicly traded oil and gas companies. According to BP’s recent annual report BP states that they provide their customers with “fuel for transportation, energy for heat and light, lubricants for engines, and petrochemical items used to make items for everyday use such as paints, clothes, and packaging.” The current CEO of BP, Bob Dudley, has a focus of turning the company around into a safer, stronger, and more simple business. Its headquarters are in London, England but the company is present worldwide and operates in three segments: Upstream, Downstream, and Rosneft.

BP is active in the fields of exploration, production, refining, distribution, marketing, petrochemical, power generation and trading. BP also owns a 19.7% stake in the

C a s e s t u d i e s a re f a m i l i a r t o m a rke t i n g e d u c a t o r s a n d t h e i r s t u d e n t s a s a

Exxon Mobil Corporation is a big oil company. It is an American multinational oil and gas corporation headquartered in Irving, Texas. It is the largest direct descendant of John D. Rockefeller's Standard Oil Company and was formed on November 30, 1999, by the merger of Exxon, which was formerly Standard Oil Company of New Jersey, and Mobil which was formerly the Standard Oil Company of New York. (Our History, N.D). ExxonMobil had a total of $218.6 Billion in total revenue in 2016. The company’s mission statement states that “Exxon Mobil Corporation is committed to being the world's premier petroleum and petrochemical company. To that end, we must continuously achieve superior financial and operating results while simultaneously adhering to high ethical standards” (Our Guiding Principles, N.D). This organization is a very known organization all over the world. In 2011, ExxonMobil announced 2 new oil discoveries and gas discovery in the Gulf of Mexico. This discovery has been that largest discovery found in the Gulf of Mexico.

The group consists of more than 160 companies of subsidiaries and other societies, investments and strategic unions or joint ventures . In Annex 1 we can find an example of the holding previous to the situation described in this report .

Shell with a market capitalization of $216.6 billion has a lot of catching up to do if it wants to surpass Exxon’s market capitalization of $379.5 billion.

1. What is your interpretation of the consumer and market data presented in the case? What key conclusions do you draw from these data? Explain.

Strategic investment: own more than an passive amount, not enough to control, has power to participate in financial and operational decision of investee IAS28. Classification require professional judgement.

Net Payoffs: The case stated that the one way commission is 5cents per share. New York has a two way commission of 10 cents giving us a 25 cent commission. Shell (London) has 30 basis points for commission for small trades since we are going for a round trip the total basis points would be 60 plus the 50 basis points for the Stamp Tax. Shell was quoted a spread of .03 divided by 8.63 x 10,000equals 35 plus 03 plus 03 (going both ways gives us a total of 151 bps Royal Dutch (Amsterdam has a spread of 227.8 which is divided into .3 x 10000 giving us a 13 bps plus commission of 30 cents per share going both ways for a total of 60 cents per share and a FX spread of 06 (03 +03 ((down and back)) giving us a total of 79 per share.

On the other hand rest of the three options is purely as a part of corporate structure.