Examinando por Materia "Financiamiento corporativo"

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    Creación de valor en desinversiones : estudio de la venta de Summit Materials por Cementos Argos
    (Universidad EAFIT, 2025) Lopera Cuartas, Ángelo; González Rios, Ricardo; Correa García, Jaime Andrés
    This study evaluates the financial value creation derived from Cementos Argos’ divestment of its stake in Summit Materials following their integration within the U.S. cement market and its subsequent acquisition by Quikrete Holdings. Using a mixed-method approach that combines financial, comparative, and sensitivity analyses, the research examines key indicators such as Economic Value Added (EVA), Return on Investment (ROI), EBITDA, and stock market performance. The results show a return above the sector average, with an internal rate of return (IRR) of 39% and a 43% increase in share value, confirming efficient capital management and tangible value creation for shareholders. This study provides empirical evidence that mergers and divestitures, when managed with financial discipline, effective integration, and strategic alignment, can serve as sustainable mechanisms for long-term value creation in capital-intensive industries