In the mid-nineties‚ Seagram’s core market‚ the spirits and wine business‚ had stalled. At the same time its CEO‚ Edgar Bronfman Jr. (Bronfman) sold their 25% stake in the chemical giant DuPont. This was the payment from when Seagram’s in 1982 sold the oil company Conoco to DuPont. This stake in DuPont‚ by 1995‚ represented about 70% of Seagram’s total earnings. The income from the sale fueled a further diversification of the company‚ but also a strengthening of its core business with purchases
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beyond. This paper will consider the history of the company and the turbulent times of the 1960s and 1970s‚ weigh the advantages and disadvantages associated with higher and lower levels of debt‚ and develop a strategy for the future after the merger with Conoco Inc. in 1983. Executive Summary Du Pont has been historically known for its financial stability and low debt to equity ratio which maximized funding flexibility and protected the business from many financial constraints. Competition
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through a legally independent entity financed with non-recourse debt. The decision to finance this deal on a project basis was actually a dual decision regarding both financial and organizational structure. Instead of entering into a joint venture with Conoco‚ PDVSA could have build the project alone and relied on spot market transactions to sell the syncrude. However PDVSA would have needed specialized assets to extract and upgrade the syncrude which would
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aim to progressively expand their product offerings‚ one thing absent is the strong proof that a one-stop shop effectively sells on the farm. Bayer’s offer for Monsanto follows the ‘seeds & sprays’ industrial reasoning behind the on-going Dow-DuPont merger and Monsanto’s unsuccessful bid for Syngenta. Varsha S‚ PRN: 15020841119 1/30/2017 Business Description- Seeds and sprays Agro-chemicals and Crop Biotechnology consultancy Phillips McDougall reports that seeds worth $37.2Bn were
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ConocoPhillips’ knowledge-sharing program is ranked as best-in-class across industries.” Dan mentioned that Conoco Phillips is fourth largest traded company in US with 30‚000 employees around the world and many contractors who also participate in their knowledge sharing. They have been many changes in the last 12 years as a number of companies were acquired‚ along with the merger of Conoco and Phillips. This activity has triggered a big need for knowledge sharing. He likes the term knowledge sharing
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complex‚ but when a company‚ especially a foreign one‚ makes the conscious decision to enter another foreign market is even more complex and tricky. In this case three western oil firms the neophyte Philbro; the legacy Mobil; and‚ the middle weight Conoco all have to determine if and how they want to enter the newly open Russian Oil market. The Russian oil market is characterized as high risk for potentially high rewards. High risks include but are not limited to obsolete and poor infrastructure; murky
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to enter early‚ what deal should they make to minimize the risk? Once the deal was structured‚ how could they bind their various partners to the necessary contracts and commitments? The case examines how three companies (Phibro Energy‚ Mobil‚ and Conoco) have evaluated the risks of Russia and formulated a strategy for investment. Phibro Energy: Philo Energy was a recent entrant into the oil industry with the purchased of refineries in Louisiana and Texas in late 1982. In 1990‚ seeing the opening
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Australia and New Zealand: Doing business with Indonesia SECTION 1 Cultural Differences: Many Australian and New Zealand organizations are seeking business opportunities in Asian countries as these Asian countries are in developing phase and they offer vast business opportunities to already developed nations. Here‚ we are going to analyze the business expansion of Australian and New Zealand organizations in Indonesia. During Global expansion of a business‚ it is very important to understand the
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Valeant’s Accounting Analysis Brief Summary Valeant Pharmaceuticals‚ headquartered in Quebec‚ Canada‚ is a multinational company. It sells generic pharmaceuticals and OTC products. After several significant acquisitions and mergers‚ Valeant became the most valuable company in Canada. However‚ Valeant was investigated due to manipulation of drug price. It is being investigated by SEC for possibility that it booked imaginary sales and account receivables. As a result‚ its stock price has drastically
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and price sustainability of profit and different types of mergers that will be described in this report. Management has assembled a team to address these potential issues relating to our market in the future. New companies entering the market‚ mergers‚ and globalization The demand for alternative fuel is rising; with that rise there are several corporations breaking into the industry. The big five companies are BP‚ Chevron‚ Conoco‚ ExxonMobil‚ and Shell have already invested over $8 billion
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