Valuation of takeovers in Singapore.

• Main Authors: Ko, Koon, Lim, Weng Keong, Wang, Meng Keong
• Other Authors: Nanyang Business School
• Format: Final Year Project
• Language: English
• Published: 2013
• Subjects: DRNTU::Business::Accounting
• Online Access: http://hdl.handle.net/10356/51159
• Institution: Nanyang Technological University

This project examines the extent of differences between the offer prices of 34 takeovers of Singapore listed firms between the period 1983-1990 and the theoretical value per share as calculated by three selected valuation models. Our results indicate that the price-to-book method comes closest to...