Session 5 on 30 October 2025: Business valuation and purchase price

This part of the course first explains the basics and the various methods of business valuation and also discusses industry-specific differences. Subsequently, the derivation of the equity value as the basis of the purchase price on the basis of the enterprise value is explained. The focus here is on explaining the “cash and debt free” and the “working capital” mechanism from the perspective of the buyer and the seller.