Valuing a Cross-Border Lbo: Bidding on the Yell Group

Posted: 18 Aug 2006

See all articles by Mihir A. Desai

Mihir A. Desai

Harvard Business School - Finance Unit; National Bureau of Economic Research (NBER)

Date Written: 2006

Abstract

A team of private equity investors must value the leveraged buyout of a Yellow Pages business that operated in both the United States and the United Kingdom. In the process, they must wrestle with issues of how to conduct cross-border valuations and how to value a stable cash cow business along with a growth business. The case analyzes the economics and incentives of carried interest and compares different valuation methods - Capital Cash Flow and Free Cash Flow.

Suggested Citation

Desai, Mihir A., Valuing a Cross-Border Lbo: Bidding on the Yell Group (2006). HBS Publishing Case No.: 9-204-033 Teaching Note No.: 5-206-038. Available at SSRN: https://ssrn.com/abstract=925357

Mihir A. Desai (Contact Author)

Harvard Business School - Finance Unit ( email )

Boston, MA 02163
United States
617-495-6693 (Phone)
617-496-6592 (Fax)

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue
Cambridge, MA 02138
United States

Register to save articles to
your library

Register

Paper statistics

Abstract Views
4,080
PlumX Metrics