Développement d’entreprise : le cas de Rentokil

Étude de cas Entreprises & gestion Management organisation

Date de publication :

27/08/2007

Langue :

Anglais

Format :

.doc

Nombre de pages :

9 pages

Niveau :

expert

Consulté :

4 fois

Avis client :

non évalué

Validé par :

le comité Oboulo.com

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Sommaire :

Sommaire

Rentokil
1. Presentation of Rentokil
2. The financial situation of rentokil
B.E.T
1. Presentation of B.E.T
2. The financial situation of BET
The synergies of the both companies
The financial aspects of the acquisition

Résumé :

This assignment has been written in order to estimate if it's a good opportunity for rentokil to make a bid for B.E.T. As we know, the last few years were very profitable for companies, which decided to merge or takeover. If we analyse the growth of the CAC 40 in 2006, we can conclude that there was a very high increase of the French stocks thanks to operations of mergers and acquisitions. Indeed, more than 60% of the increase of the CAC 40 was the result of these development strategies. These companies have chosen to merger this year in part because of the low rate of the interests and consequently it allows them to grow and increase considerably there profits. The current movement of merger and acquisition is not a trend in our economical environment but a deep change in it. Indeed the two reasons exposed above have to be completed by the fact that a new actor become since several years more and more important in our financial market, pension funds. They are new and very powerful investors, who can directly or indirectly be important actors of the development of companies.
Were rentokil right to make the bid for B.E.T.? When they did?
I will start this analyse with the presentations of both firms. Secondly, I will find the different synergy if they exist and in the last part, I will give you my opinion on the fact that rentokil must choose to make the bid or not for B.E.T.