Väljaostud

Väljaostud is an Estonian term that translates to "exit purchases" or "buyouts." It most commonly refers to the process of a shareholder selling their stake in a company, often to other existing shareholders or to the company itself. This can occur for various reasons, including retirement, a desire to diversify investments, or a disagreement with the company's direction.

In a voluntary väljaostud, a shareholder decides to sell their shares at a mutually agreed-upon price. The process typically involves negotiation and a formal agreement outlining the terms of the sale. This is distinct from a forced buyout, which might occur in situations like a hostile takeover or a legal dispute where a shareholder is compelled to sell their shares.

The valuation of shares in a väljaostud can be determined through various methods, such as independent appraisals, negotiation based on financial performance, or pre-agreed formulas outlined in a shareholder agreement. The successful completion of a väljaostud results in the selling shareholder no longer having an ownership interest in the company, and the remaining shareholders or the company acquiring those shares. This can lead to changes in ownership structure and potentially influence the company's future strategic decisions.