Publications
Forging ahead: Third-quarter 2011 Metals industry merger and acquisition activity
Forging ahead: Third-quarter 2011 Metals industry merger and acquisition activityMetals industry merger and acquisition activity in the third quarter slowed down from the prior reporting period while increasing in overall transaction value, which can be attributed to three large deals that took place in the quarter.749 KB PDF file | Free download
Emergence of new examination approach - joint audits
Emergence of new examination approach - joint auditsIndustrial companies with multinational operations need to take into account the potential risks and cost-saving rewards with respect to all taxing jurisdictions involved. PwC tax specialists discuss the key points in deciding whether to pursue a joint audit.288 KB PDF file | Free download
Global industrial products tax alert - Green paper on the future of EU VAT
Global industrial products tax alert - Green paper on the future of EU VATOn Dec 1, 2010, the EC issued a “Green Paper on the future of EU VAT – Towards a simpler, more robust and efficient VAT system”. This Green Paper provides a once in a lifetime opportunity for Industrial Products companies to submit comments to help shape future reforms.2.34 MB PDF file | Free download
Metals deals: Forging ahead 2010 annual review
Metals deals: Forging ahead 2010 annual reviewMetals Deals 2010 reviews deal activity in the metals industry. We examine the rationale behind the overall deal trends and look at the key individual deals. We analyse the year under review and look ahead to the future direction of deal-making in the sector. This year's edition highlights an interview with the CFO of Tata Steel, Koushik Chattergee, gaining his views on the M&A landscape and investment opportunities, and what key trends we can expect to see in the near future.1.3 MB PDF file | Free download
Forging ahead: Global metals industry mergers and acquisitions analysis - 4Q 2010
Forging ahead: Global metals industry mergers and acquisitions analysis - 4Q 2010Welcome to the fourth-quarter 2010 edition of Forging ahead, PwC's quarterly analysis of mergers and acquisitions (M&A) in the global metals industry. In addition to a detailed summary of M&A activity in the quarter, this edition features a special report that discusses potential growth opportunities in emerging markets that may not have already been considered. As company executives analyze the long-term risks and benefits associated with such an endeavor, it is particularly important to understand each region's tax liabilities and advantages. In repositioning for growth, tax strategy may be the deciding factor.1.6 MB PDF file | Free download
Emerging conversations: Global Industrial Products tax alert. Changes to the OECD transfer pricing guidelines chapters I-III
Emerging conversations: Global Industrial Products tax alert. Changes to the OECD transfer pricing guidelines chapters I-IIIIn the first of a new series of global tax alerts, we help you to understand the changes to chapters I-III and the impacts we think they will have on global businesses in the industrial sectors.239 KB PDF file | Free download
Forging ahead: Global metals industry mergers and acquisitions analysis: 3Q 2010
Forging ahead: Global metals industry mergers and acquisitions analysis: 3Q 2010A quarterly analysis of global merger and acquisition activity in the metals industry. This edition also includes a special report that takes a closer look at a global economy characterized by instability and its impact on the strategic M&A deal environment.1.5 MB PDF file | Free download
Metals and Mining in Russia and the CIS
Metals and Mining in Russia and the CISAs in previous editions, this year’s review includes our financial analysis of the largest Russian, Ukrainian and Kazakh metals and mining companies that report under globally accepted standards (US GAAP or IFRS).1.49 MB PDF file | Free download
Forging ahead: Global metals industry mergers and acquisitions analysis: 2Q 2010
Forging ahead: Global metals industry mergers and acquisitions analysis: 2Q 2010The pace of metals mergers & acquisitions (M&A) activity continues to demonstrate improvement when measured by the number and value of announcements, particularly when adjustments are made for the impact of the $58 billion BHP Billiton-Rio Tinto iron ore joint venture. This transaction, which was announced in 2009, remains under regulatory review as of this writing.2 MB PDF file | Free download
Different shades of green? Industrial products climate change series
Different shades of green? Industrial products climate change series (including a summary of metals sector climate change responses)PwC is pleased to launch a short thought leadership paper on the impact of the climate change agenda post Copenhagen and the business implications for our metals clients.382 KB PDF file | Free download
Assessing tax: 2010 Tax rate benchmarking study for the metals industry
Assessing tax: 2010 Tax rate benchmarking study for the metals industryAssessing tax is an annual benchmarking study that provides a detailed analysis of tax rate metrics and the drivers of these ratios for the metals industry. This study provides our metals clients with insight into average key tax ratios for the different industries, trends in these ratios over the last three years, and drivers of the ratios. This year's report also includes a special article that discusses several of the Obama administration's tax proposals and their potential impact on the industries.1.7 MB PDF file | Free download
Forging ahead: Global metals industry mergers and acquisitions analysis: 1Q 2010
Forging ahead: Global metals industry mergers and acquisitions analysis: 1Q 2010This quarter, the Forging ahead report takes a deeper look at performing better M&A due diligence in a recovering economy and the ever increasing importance of considering how cultures will mesh and function financially, technologically, and operationally. The discussion includes emerging or existing areas of diligence for which additional emphasis may be appropriate in today's due diligence process such as healthcare, climate change, changing tax laws, information technology, and human resources.469 KB PDF file | Free download
Metals deals: Forging ahead 2009 annual review: Mergers and acquisitions activity in the global metals industry
Metals deals: Forging ahead 2009 annual review: Mergers and acquisitions activity in the global metals industryThe steep fall in metals deal value, which gathered momentum in 2008, continued into 2009 with total value charting a course which took it back to below levels last seen in 2003. A distinguishing characteristic of this recession, however, has been that the sector has come through it without major bankruptcies.1.7 MB PDF file | Free download
Forging ahead: Global metals industry mergers and acquisitions analysis: 4Q 2009
Forging ahead: Global metals industry mergers and acquisitions analysis: 4Q 2009This quarter, the Forging ahead report takes a deeper look at innovation and its potential for accelerating the economic recovery in the metals sector. Our special report highlights the many faces of innovation and the related opportunities for driving business strategy, improving efficiencies, and increasing growth.469 KB PDF file | Free download
Forging ahead: Global metals industry mergers and acquisitions analysis: 3Q 2009
Forging ahead: Global metals industry mergers and acquisitions analysis: 3Q 2009This quarter, the Forging ahead report takes a deeper look at the the impact prospective energy and climate policies may have on business transactions. Our special report highlights the role of cap-and-trade on climate change legislation, the deal market's response, company brand and reputation considerations, and the interests of the growing number of environmentally aware stakeholders.1 MB PDF file | Free download
Simplifying Your Industrial Business
Simplifying Your Industrial BusinessMany industrial products companies are diverse businesses, with multiple divisions operating in a number of different countries and regions. These businesses often have a wide-ranging, complicated structure of legal entities supporting them.2.4 MB PDF file | Free download
Forging ahead: Global metals industry mergers and acquisitions analysis: 2Q 2009
Forging ahead: Global metals industry mergers and acquisitions analysis: 2Q 2009This quarter we take a deeper look at China specifically, including the country's rise as a major player in the global economy and metals industry, as well as the challenges and opportunities that exist for companies looking to do business in China.325 KB PDF file | Free download
Navigation: Managing commodity risk through market uncertainty
Navigation: Managing commodity risk through market uncertaintyCommodity price volatility not only threatens the survival of individual companies, but also puts entire markets and industries at risk.325 KB PDF file | Free download
Forging ahead: Global metals industry mergers and acquisitions analysis: 1Q 2009
Forging ahead: Global metals industry mergers and acquisitions analysis: 1Q 2009In addition to a detailed summary of M&A activity in the first quarter of 2009, we supplement this issue with a special report that addresses the effects of the national economic stimulus bill and the developments in the auto industry on the metals sector. Included in the discussion are ways in which automotive losses translate to difficulties for metals companies, as well as the companies' efforts for long-term restructuring.3 MB PDF file | Free download
Metals deals: Forging ahead 2008 annual review: Mergers and acquisitions activity in the global metals industry
Metals deals: Forging ahead 2008 annual review: Mergers and acquisitions activity in the global metals industryAfter forging ahead in previous years, metals industry deal-making fell away sharply in 2008 as world demand fell and prices plummeted. The year saw a dramatic and sudden about-turn in the environment for deals. Optimism that China would continue to compensate for downturns elsewhere was replaced by increasing concern about a weakening in global demand, including China.723 KB PDF file | Free download