Share Valuation in a Shareholder Withdrawal Context
- OBJECTIVE:
A company operating in the industrial goods industry required VVA Expert Opinion to appraise the value of the shares of an outgoing shareholder in the context of a withdrawal procedure according to article 2437 of the Italian civil code.
- ACTIVITIES:
Compliant with Italian Valuation Principles, the standard of value adopted is the intrinsic value of the firm in its current conditions that, hence, neither indicates the expected benefits stemming from the decisions that triggered the withdrawal nor conveys the price at which the shareholder could sell its quota.
- OUTPUT:
Upon completion of the activities, the parties, accepting the reasonableness of the valuation, the parties reached an agreement.