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Dow Chemical's Bid for the Privatization of PBB in Argentina (Spanish version)
Desai, Mihir A.; De Royere, AlexandraCaso HBS-209S06FinanzasWhat price should Dow Chemical bid for PBB, a petrochemical complex that is being privatized by the Argentine government? To answer this question, students are forced to consider the role of country risk, the underlying currency exposure of the business, and how to value an investment opportunity that has several stages. Given that it is a privatization, students are also forced to consider the political dynamics involved, the incentives of local...Desde 8,20 €