This book sets out to demystify the privatisation process -- currently transforming the economies of the world -- by reviewing both the business organization and capital raising aspects of the process as experienced in France, Italy, UK, Canada, Venezuela, Argentina, Brazil and Mexico, particularly in the light of the latest important developments in those countries. This work does not claim to be exhaustive. It offers a focus on the status reached on the edge of 1994 as understood by those heavily engaged in the process, with a grasp of the large canvas of considerations and objectives that...

Mechanics of a Global Equity Offering is a clear, accessible look at the key issues involved in a global equity offering, including: which capital markets to tap, and how (public offering vs. private placement); which stock exchanges to list on; structuring the underwriting syndicates; due diligence questions; road shows and marketing activities; whether to disclose forecasts; which lawyers should give negative assurance' as to the disclosures in the prospectus; and how to negotiate representations, outs', indemnification and other terms of the underwriting agreements. A group of...