Sannajust, Aurélie; Arouri, Mohamed; Teulon, Frédéric - Institut de Préparation à l'Administration et à la … - 2014
This article contributes to the financial literature by investigating the motivations of Public to Private transactions … in an international perspective (Europe, USA and Asia). We consider seven main possible motivations: tax savings … suggest that low growth prospects, low liquidity and high free cash-flow are the three main motivations for a Public to …