In the month of April 2007, the senior vice-president and chief financial officer (CEO) of Crown Investments Corporation of Saskatchewan (CIC) was faced with a challenging selection. CIC wanted an assessment of the worth of the firm and was considering the sale of 50 per cent interest in a heavy oil upgrader.
NewGrade Energy Inc. Case Study Solution
The CEO had instructed an independent adviser with business expertise to supply stimulation to get a fair estimate. Along with receiving an approximation of value (based on the processes of free cash flow, comparables and precedent transactions), the CEO also had to formulate a strategy for selling off the company.
PUBLICATION DATE: March 11, 2009 PRODUCT #: 909N07-PDF-ENG
This is just an excerpt. This case is about FINANCE & ACCOUNTING