Market leading insight for tax experts
View online issue

The Opco/Propco Structure

 
Ian Latter Partner and Neil O'Brien Director KPMG's UK M&A Tax team explain the potential benefits of the increasingly popular 'Opco/Propco' structure in the context of M&A and discuss the related tax hazards
 
The 2006 boom in mergers and acquisitions (M&A) was fuelled by increasing liquidity and the willingness of banks to finance acquisitions — and private equity funds played a major role. The pace of M&A activity shows no signs of slowing down and intense competition in the market has led buyers to seek new ways to increase third-party leverage and reduce financing costs. A key method is the 'Opco/Propco' structure.
What And When?
 
The 'Opco/Propco' structure is suited to target businesses...

If you or your firm subscribes to Taxjournal.com, please click the login box below:

If you do not subscribe but are a registered user, please enter your details in the following boxes:

Alternatively, you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this article in full.
Please reach out to customer services at +44 (0) 330 161 1234 or 'customer.services@lexisnexis.co.uk' for further assistance.
EDITOR'S PICKstar
Top