At its core, **accretion** refers to a gradual increase in value over time. In finance, this concept manifests across several domains, such as:
1. **Accounting:** Recognising the incremental growth of revenues or assets.
2. **Bonds:** Capturing the capital gains as discounted bonds approach maturity.
3. **Corporate Finance:** Measuring the incremental value generated from mergers and acquisitions (M&A).
Hurkle-durkling, a delightful Scottish term, refers to the act of lounging in bed, often beyond one’s intended wake-up time. While it might appear to be a simple act of procrastination, it encapsulates a more profound psychological need for rest, rejuvenation, and mental clarity.
India’s recent elevation to the fifth-largest economy in the world is a significant milestone, marking a pivotal moment in its economic journey. With a GDP surpassing the 3 trillion dollar mark, India’s growing economic prowess has far-reaching implications for the nation and the global economic landscape.
Boards typically comprise a mix of internal directors (executives from within the company) and external directors (independent individuals unconnected to the organisation). This blend ensures a balance of insights—insiders bring deep organisational knowledge, while outsiders contribute objectivity and fresh perspectives.
At its core, a bear hug is a proposition that a target company’s board cannot easily refuse. The offering company (acquirer) proposes a purchase price well above the target’s current market valuation, making it difficult for the target’s shareholders to decline the deal.
Unlike traditional mergers and acquisitions (M&A), the bear hug stands out for its aggressiveness combined with a veneer of goodwill. It offers substantial financial gains to shareholders, thereby placing immense pressure on the target’s board to accept the proposal.