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  • January 2018
  • Supplement
  • HBS Case Collection

OldTown Berhad

By: Benjamin C. Esty and Greg Saldutte
  • Format:Electronic
  • | Language:English
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Abstract

In December 2017, Jacobs Douwe Egberts (JDE, a Dutch coffee company) made an offer to acquire OldTown Berhad (OTB), a Malaysian coffee company. Three large shareholders, representing more than half of the outstanding shares, have agreed to tender their shares and analysts who follow OTB are recommending that investors accept the offer. The remaining shareholders must decide if the acquisition offer is reasonable and whether to tender their shares or not.

Keywords

Mergers & Acquisitions; Discounted Cash Flow (DCF); Malaysia; Coffee; Consumer Packaged Goods (CPG); Free Cash Flow (FCF); Multiples; Bidding Premia; Netherlands; Tender Offer; Mergers and Acquisitions; Valuation; Value Creation; Food; Investment Return; Retail Industry; Consumer Products Industry; Food and Beverage Industry; Malaysia; Netherlands; Singapore; Asia

Citation

Esty, Benjamin C., and Greg Saldutte. "OldTown Berhad." Harvard Business School Spreadsheet Supplement 218-714, January 2018.
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About The Author

Benjamin C. Esty

Finance
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