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Financial synergy (See Chapter 27 of the Vernimmen)
Financial Synergy is the apparent reduction in Cost of capital following an increase in Gearing or a diversification/restructuring move. In fact, financial synergies do not exist - there are only industrial synergies, administrative synergies, and commercial synergies.
Financial synergy (See Chapter 27 of the Vernimmen)
Financial Synergy is the apparent reduction in Cost of capital following an increase in Gearing or a diversification/restructuring move. In fact, financial synergies do not exist - there are only industrial synergies, administrative synergies, and commercial synergies.
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