The Saudi Arabia Government has approved the final Kingdom of Saudi Arabia Value-Added Tax Law and published the statute in the official gazette, Um Al Qura Edition 4681, on July 28. The Law will be effective from the beginning of the financial year following the date of publication of the Law in … [Read more...]
How to use EBITDA for the valuation of a small business
Selling a business can be a difficult decision for entrepreneurs to make, both on an emotional and financial level. There are many factors that come into play when determining an appropriate asking price, including competitive advantages, growth opportunities, and historic financial … [Read more...]
Purchase contract of the Body Shop signed between Natura, Brazil and L’Oréal, France
L'Oréal announced that the contract for the sale of The Body Shop to Natura was signed after receiving the advice of L'Oréal's Works Council1 regarding this project announced on June 9, 2017. The proposed sale is subject to clearance by anti-trust authorities notably in Brazil and in the United … [Read more...]
Succession Planning — a critical missing element in many family-owned businesses
Small businesses have long been the heart and soul of the U.S. economy. According to the U.S. Census Bureau, 61% of the over 7.5 million U.S. business establishments had fewer than 10 employees in 2014. Once upon a time, many individuals dreamed of starting a business that they could pass on to the … [Read more...]
Indian M&A deals surge 23% to $15.8 bn in Q1
Number of deals at 252 against 253 in the first quarter of last year Buoyant on the mega Vodafone India-Idea Cellular deal and a strong economic outlook, Indian M&A deals rose 23 per cent to $15.8 billion during the first quarter of the calendar year from the year-ago quarter. However, … [Read more...]
