equity carve-out (eco) - The Center for Paper Business and Industry ...
equity carve-out (eco) - The Center for Paper Business and Industry ...
equity carve-out (eco) - The Center for Paper Business and Industry ...
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
EQUITY CARVE-OUT (ECO)<br />
Equity Carve-Outs (ECO) <strong>out</strong> per<strong>for</strong>med SO on three financial metrics, Total Shareholder Return<br />
(TSR), change in leading P/E ratio <strong>and</strong> Return on Invested Capital (ROIC).<br />
EXHIBIT 5.<br />
Comparison of<br />
Per<strong>for</strong>mance<br />
Metrics <strong>for</strong> ECO<br />
<strong>and</strong> SO