Valuation

Full valuations, valuation opinions, fairness opinions, valuation calculations and third-party valuation reviews relating to businesses, business units, shareholdings, intangible assets, financial instruments and receivables, for a variety of purposes:

• Valuations for legal and corporate finance purposes (e.g. mergers, demergers, leveraged buyouts – LBOs, contributions in kind, conversions, stock exchange listings, capital increases, determination of withdrawal value, related-party transactions);
• Valuations for financial reporting purposes (e.g. impairment testing, purchase price allocation – PPA, determination of the fair value of assets and liabilities);
• Valuations in distressed and insolvency contexts (e.g. estimation of going-concern and liquidation value on a aggregate or piecemeal basis, estimation of reorganisation value, valuation of profit-participating financial instruments or NPLs, determination of arm’s length business lease consideration);
• Valuations for strategic and M&A purposes (e.g. acquisitions, disposals of businesses or business units, family wealth planning and reorganisation, performance measurement and incentive schemes);
• Valuations for tax purposes (e.g. revaluation of business assets, transfer pricing, patent box, viability test for the carry-forward of tax losses);
• Valuations in the context of disputes (e.g. assessment of economic damages).