Question
Using investment, financial and dividend principle XYZ is a corporation that manufactures small components of Zinc alloy and magnesium castings primarily for the automotive, electronics
Using investment, financial and dividend principle
XYZ is a corporation that manufactures small components of Zinc alloy and magnesium castings primarily for the automotive, electronics and other consumer products. XYZ has been working with Canada and the United Kingdom. In June 2008, under the Companies' Creditors Arrangement Act (CCAA) XYZ filed protection and faced amid losses resulting from a high Canadian dollar. XYZ then had itself exposed to declining in North American automotive sector and also faced high operating costs. In order to repay its secured creditors, XYZ had to secure its financing and for that it required a lead M&A advisor to execute an asset-sale. When Greenwater Corporate Finance executed this sale in alliance with Greenwater Corporate Advisory and Restructuring, after working in high-integrated manner we finally secured success in closing the sale to Dycavast within 90 days. After completing this sale transaction within given time slot, XYZ was able to provide its consumers with on-going supply of products. This speeding sale of products provided the company to secure its creditors to avoid any kind of potential cost and any uncertain liquidation scenario.
Managing director of Greenwater Corporate Finance Inc. James Gordon is currently working in the Toronto office. He focuses on any multiplicities, purchases, tends to raise the organizations capital and does strategic planning specially in manufacturing and industrial sector of the organization. James has maintained a strong track record of leading complex Canadian and international transactions from initial idea generation, through to final discussions and to the ultimate.
Now keep this scenario in mind and tell me how could have James managed to keep the transactions record steady? Also explain the advantages and disadvantages of using tools in corporate finance in such situations that XYZ went through.
You need to elaborate your statements and also give a conclusion.
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