Oceňování, 2024 (vol. 17), issue 1
Articles
M&A transactions: Comprehensive analysis of the acquisition value
Lukáš Hruboň
Oceňování 2024, 17(1):3-15 | DOI: 10.18267/j.ocenovani.291 
In the article, the author presents a comprehensive method for evaluating value created in an M&A transaction from the perspective of a buyer, a seller, and a combined entity. This evaluation shall be performed by a buyer both before the investment (ex ante) and with a reasonable hindsight (ex post). In a practical separate chapter, the author also provides an overview of the main tax and legal consequences of the available transaction structures (sale of shares, merger, sale of the business enterprise, sale of individual assets or contribution in-kind) in the Czech environment.
Analysis of historical developments in the European M&A market and identification of factors affecting the market
Štěpán Kohoutek, Pavla Maříková
Oceňování 2024, 17(1):16-33 | DOI: 10.18267/j.ocenovani.292
The M&A market in Europe has undergone a significant transformation over the last decade, driven by various economic, social and political factors. Between 2010 and 2023, the European M&A market experienced a period of sustained growth, with a significant increase in cross-border transactions and a shift in sector-specific trends. This paper analyses the historical developments in the European M&A market over the period 2010 to 2023 and identifies factors that may affect the European M&A market in terms of deal value.
Mohou ztrátové společnosti generovat ušlé zisky?
Barbora Nohýnková
Oceňování 2024, 17(1):34-54 | DOI: 10.18267/j.ocenovani.293
This article deals with the method of calculating lost profits, or determining the appropriate basic formula respectively and explaining some concepts that are used in connection with the issue, while at the same time focusing on the issue of loss-making companies. The goal is to summarize the findings regarding the calculations used, to evaluate them and comment on the possibility of their use with regard to the purpose of the economic damage calculation being processed, or the nature of the economic damage case. The need to deal with an appropriate method of calculation results primarily from the fact that different methods and different groups of data...