In 2005, CapitaLand declared the deal of the resort company under its subsidiary Raffles Holdings Limited for US$1.45 billion. This included 40 other hotels in addition to the sale of landmark Raffles Hotel, including the Swissotel international hotel chain.
The case targets the monetary and the strategic aspects of the sale from the standpoint of CapitaLand and includes the following: -- What should be an appropriate valuation for Raffles Holdings? -- How should the value of intangible assets like brand name be built-in? -- Was there tactical justification for CapitaLand to continue a divestiture that will translate into loss of the iconic Raffles Hotel - A national memorial of Singapore?
Raffles Holdings Limited - Valuation of a Divestiture Case Study Solution
PUBLICATION DATE: July 29, 2013 PRODUCT #: NTU042-HCB-ENG
This is just an excerpt. This case is about FINANCE & ACCOUNTING