Baker McKenzie M&A Forum 2017 - Creating value from carve-outs

For successful players in a global competitive market, disposing of non-strategic operations is just as important as strategic acquisitions. At the Baker McKenzie M&A Forum we will look at carve-out deals in an international setting and discuss the key elements for successful preparation and implementation. We will also present a recent case: Emerson Electric’s USD 4 billion carve-out and sale of its Network Power business. Following the M&A Forum, we are delighted to invite you to Kings of Tennis and a buffet dinner at Stockholm Waterfront. Agenda 14.30-15.00 Registration and coffee 15.00-15.05 Welcome remarks Anders Fast, Managing Partner, Baker McKenzie Stockholm 15.05-15.15 Key trends and opportunities in the global M&A market Trends and key findings from the new report Global Transactions Forecast Anders Fast, Baker McKenzie Stockholm 15.15-15.45 What makes carve-outs so complicated? The stakes are high in planning and implementing a carve out transaction. If mismanaged or poorly executed, deal value will be lost at every point. What are the requirements and what are the greatest challenges in the carve-out process? How do we ensure that the process does not interfere with the ongoing commercial activities? Jannan Crozier, and Richard Needham, Baker McKenzie London 15.45-16.10 How carve-outs fit into overall deal structure? Why does the carve-out plan dictate the structure of the overall deal? And what impact will it have on the ability to do the deal, the deal value and the deal timeline? Carl Svernlöv, Anna Orlander and Linnea Back, Baker McKenzie Stockholm 16.10-16.30 Coffee Break 16.30-16.50 Carve Out Best Practices Do’s and don’t’s - best practice and lessons learned from an international setting Jannan Crozier and Richard Needham, Baker McKenzie London 16.50-17.20 Case study: Emerson Electric Emerson Electric on the USD 4 billion carve-out and sale of its Network Power business to Platinum Equity which closed 30 November 2016. The deal was one of the largest of the fourth quarter 2016. Jannan Crozier and Richard Needham, Baker McKenzie London Kings of Tennis 17.30-22.00 We continue our discussions over buffet dinner and mingle with industry peers at the Kings of tennis event at Stockholm Waterfront, just around the corner from our office. We will also enjoy watching tennis matches played by some of the world’s greatest tennis legends, former World number 1, Grand Slam finalists or Davis cup winners. • Mark Philippoussis vs Jonas Björkman (18.30) and • Juan Carlos Ferrero vs Arnaud Clement or Magnus Larsson (20.30)