Session 04Exercise B
Session 04 · Capital Allocation
The Southeast Asia JV
Five binary decisions. Each choice shapes the next.
Stage 1 of 50 decisions made
Stage 1 — Ownership Structure
The family board has approved you to proceed to term sheet. The partner wants parity. The negotiation has landed at two credible positions. Your choice here shapes every subsequent decision.
How do you structure your ownership stake in the JV?