In April 2007, Senior Vice President and Chief Financial Officer (CEO) Crown Investments Corporation of Saskatchewan (CIC) has faced a difficult decision. CIC reflected on the sale of a 50 per cent share in the heavy oil Upgrader and wanted to valuation. In order to obtain a reasonable estimate, CEO commissioned an independent consultant with expertise to contribute. In addition to obtaining cost estimates (based on the method of free cash flow and comparable precedent transactions), the Director General was also to formulate a strategy for the sale of the company. "Hide
by James E. Hatch, Saqib Khan Source: Richard Ivey School of Business Foundation 12 pages. Publication Date: March 11, 2009. Prod. #: 909N07-PDF-ENG