Question: Consider organizational structure. Why is this important in implementation? What are the four classic organizational structures? Discuss. Which organizational structure would you recommend for Xylem?





Xylem to buy Evoqua in $7.5 bln deal to tap water demand By Nathan Gomes, Isla Binnie and David Carnevali Jan 23 (Reuters) - Water technology company Xylem Inc on Monday agreed to buy Evoqua Water Technologies Corp (AQUA.N) in a $7.5 bittion all-stock deal, aiming to tap into growing global awareness of risks around water scarcity. Evoqua shareholders witl receive 0.480 new Xylem shares for each Evoqua share they own, representing a premium of about 29% based on Friday's closing prices. Shares in Xylem, which provides water and waste water treatment services, closed down nearly 8% on Monday after recouping some earlier losses, as investors disapproved of the hefty price tag. Register for free to Reuters and know the full story Adetrisentient - Scteli to centinue Record debt, rocketing rates and unknown fragilities Whan debt reaches exirume invels, hidden thises emerye. Alead more ? Evoqua's wastewater management business has enjoyed broad demand from most of its operations in recent months, but the purchase price - which reaches $7.5 billion including debt-spooked investors, CFRA analyst Jonathan Sakraida said. While it is not unusual for stock prices of buyers to face pressure from investors after the announcement of sizable transactions, the rising cost of capital and broader macroeconomic uncertainty of recent quarters has made Wall Street investors even more risk-averse to deals than usual, making it harder to execute mergers successfully. While it is not unusual for stock prices of buyers to face pressure from investors after the announcement of sizable transactions, the rising cost of capital and broader macroeconomic uncertainty of recent quarters has made Walt Street investors even more risk-averse to deals than usual, making it harder to execute mergers successfully. Latest Updates - South Africa's coal-reliant Sasol signs 289 MW wind power deats - UK's Capricorn Energy sarys chair, CEO step down from board - Australia's Norwest Energy accepts revised $349.9mln offer from Mineral Resources - McWin buys majority stake in L'Osteria restaurant chain - Spain's Iberdrola considers U.S, renewables stake sale, sources say For instance, Emerson Electric's (EMR.N) shares have been punished by investors since the industrial conglomerate umveiled an all-cash hostile takeover bid for National Instruments Corp (NATL.O) earlier in January. Explaining the outlay, Xylem executives told analysts on a conference call they expected the deal to generate cost synergies of about $140 million within three years. Xylem shareholders will control roughly 75% of the combined company after the deal closes. Antertisement - Sorall to eontinue Lakefront property D. vibo ARLY "Clearly there is upside, both in cost but mainly revenue," Xylem Chief Executive Patrick Decker told Reuters, adding the companies had not yet committed to revenue targets. TACKLING WATER SCARCITY Demand for fresh water is rising globally due to population growth, industrial expansion and increased agricultural development. Policymakers and business leaders are backing global initiatives to help secure supply. Demand for fresh water is rising globally due to population growth, industrial expansion and increased agricultural development. Policymakers and business leaders are backing global initiatives to help secure supply. "When you think about what's going on around water infrastructure, the issues of scarcity, resilience, affordability ... it's the right time for us to be together," said Decker, who will stay on to lead the combined company. Evoqua CEO Ronald Keating is expected to step down after the deal closes, according to a person familiar with the matter. With the acquisition, Xylem will have a bigger presence in businesses capable of generating recurring revenue such as water services, according to a company presentation. Pittsburgh, Pennsylvania-based Evoqua serves industrial, municipal and recreational customers in nine countries. Xylem had previously approached Evoqua with an acquisition offer worth $2.5 billion, before the latter chose to float its shares through an initial public offering (IPO) in 2017. Evoqua also received acquisition interest from other potential buyers before agreeing to a deal with Xylem, the source cited above said. The deal is also expected to expand Evoqua internationally. Lazard and Guggenheim Securities acted as financial advisers to Xylem, while Gibson, Dunn \& Crutcher LLP was its legal adviser. Goldman Sachs, Bank of America and law firm Jones Day advised Evoqua on the sale. Marvel movies are returning to China after almost four years Aly Michetie Foxl. Cwh 17=0 Hong Kong (CNN) - China has reopened its doors to Disney's Marvel Studios for the first time in almost four years, with two new tilm reseases secured in the world's second largest movie market. "Black Panther: Wakanda Forever" will coen in China on February 7, roughly three months after ins global debut, whille "Ant-Man and the Waspc Quantumania" will open on February 17, Marvel Studios announced on Chinese social media Tuesday. They're the first Marvel films to grace the big screens in the country since the reiease of "Spiden-Man: Far From Home" in July 2019, according to Psul Dergarabedian, a senior media analyst at Comscore. QPNCBANK 4.00%PY Math ritle sawnes Since then, Marver's last eight movies have not been shown in the country, though that will drop down to seven with the upooming "Black Panther" release, Dergarabedian said. They include "Thor: Love and Thunder" and "Doctor Strange in the Multiverse of Madness," which debuted elsowhere in 2022. Marver's woes were part of a broader slowdown in China for Hollywood peoducers, who have down to seven with the upcoming "Black Parther" release, Dergarabedian said. They inciude "Thor: Love and Thundee" and "Doctor Strange in the Multiverse of Madness," which debuted elsewhere in 2022. Marvel's woes were part of a beojder slowdown in China for Hollywood producers, who have struggied to get their films into the vast market recently. Last year, blockbusters such as "Top Gunc Maverick" and "Spiden Man: No Way Home" didn't make their way into cinemas there. The chalenges for us sudics can be antributed to a multitude of tactors, "from Chinese regulators greenlighting sess foreign timms overall to qualms abeut each particular tien," according 10 Dergarabedian. melateo anmicue But he suggested that the latest could signat better times ahead between Melateo Anticue Hood worit busge for Hollywoed and China. Grinese cencors arymore Here's what changed being released in China is certainly a positive sign moving forward," Dergarabedian told CNN. Avatar effect? One reason why Marvet may be seeing a feversal of fortune is Disney's succesthul release of "Awatar: The Way of Water," he said. The fam premiered in Coecembes and was gne of the few foreign procuctions to hit crinese cinemas in recert months. It has quickly become a bou office sensation. Comscore data shows that "Avatar" has rakid in more than $1.9 billion globally, making in the sibth highest-grossing release of all-time. China contributed $217. milisen to the total hack. "The doors that were opened to Disney's 'Avatar. The Way of Water' have benefited both the studio and the exhibition community in China," said Dergarabedian, rederring to movie theater operators. "This Beoly played a part in this welcome shift in playabilty foe Marvel films in the country." Atredo Montudar-Helu, hesd of the China Center for Economics and Business at The Conference Board, said Marvel's news this week could "assuage negative perceptions about China in the West." "Marver s reentry inte china arter a de tacto ban of [mece than] three years melateo anmeur 'Aatar The way of Water' by Chinese authorities is especially signitieant given the backobee against could be a the sver for . which it is happening," he told CNN. "The doors that were opened to Disney's 'Avatar: The Way of Water" have benefited both the studio and the exhibition community in China," said Dergarabedian, referring to movie theater operators. "This likely played a part in this welcome shift in playability for Marvel films in the country." Alfredo Montufar-Helu, head of the China Center for Economics and Business at The Conference Board, said Marvel's news this week could "assuage negative perceptions about China in the West." RELATED ARTICLE -Marvel's reentry into China after a de facto ban of [more than] three years 'Avatar: The Way of Water' by Chinese authorities is especially significant given the backdrop against could be a 'life saver' for which it is happening," he told CNN. China's cinemas "Not only is China facing increasing economic headwinds at home, but also a more challenging external environment, driven by growing communication and trust gaps with the West." Since the country just reopened its borders after nearly three years of isolation from its stringent zeroCovid policy, authorities in Beijing want to send a "strong signal that China is back and open for business," added Montufar-Helu. "Strengthening the sense that China is indeed getting back to normal" and "facilitating foreign capital into China can certainly play a positive role in the country's economic recovery," he said. China's box office generally rakes in billions of dollars a year. In 2020, it became the biggest the world's movie market, as its theaters were able to recover from the initial stages of the Covid pandemic more quickly than those in North America. The trend continued in 2021. Last year, the balance tilted again. US theaters bounced back, while China continued to maintain a strict "zero Covid" policy that kept many of its cinemas in limbo. That put North America's box office ahead once more in 2022, generating more than $7.5 billion compared with China's $4.4 billion, according to Comscore data. The lack of US movies in China in 2022 also "negatively impacted revenues there, as reflected in a 40% downturn in overall box office" compared to the year before, noted Dergarabedian. But "2023 is shaping up to be a much stronger year overall for theaters around the world," he said. "And having US films more in the mix in China is great for studios, the filmmakers, theater owners and of course the fans
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