In April 2002, Guy Simmons, partner at Argos Soditic, to decide to take the lead in the management buyout (MBO) of Kermel, a niche player in the specialty fiber. Invites participants to consider the MBO in terms of private equity investors and answer the following questions: What is the fair value of Kermel? How to structure a deal to provide incentives for the creation of an adequate control when coming back? What is the exit strategy? "Hide
by Benoit Leleux, Henri Bourgeois Source: IMD 17 pages. Publication Date: December 12, 2003. Prod. #: IMD209-PDF-ENG