Scribd Logo
Upload

Welcome to Scribd!

  • 763 views

    Mergers & Acquisitions and Corporate Valuation

    Uploaded by

    Dreamtech Press
    The book provides a detailed overview of mergers and acquisitions (M&A), including the various types of M&A deals and valuation methodologies. It discusses the key motives and value drivers of M&A. The book also explains important aspects of the M&A process like financing, due diligence, accounting, integration, and reasons for success and failure. Various financial models and case studies are provided to illustrate valuation techniques like discounted cash flow and relative valuation approaches. The book is intended as an introductory textbook for students and a reference guide for M&A professionals.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    Mergers & Acquisitions and Corporate Valuation

    Uploaded by

    Dreamtech Press
    763 views2 pages
    The book provides a detailed overview of mergers and acquisitions (M&A), including the various types of M&A deals and valuation methodologies. It discusses the key motives and value drivers of M&A. The book also explains important aspects of the M&A process like financing, due diligence, accounting, integration, and reasons for success and failure. Various financial models and case studies are provided to illustrate valuation techniques like discounted cash flow and relative valuation approaches. The book is intended as an introductory textbook for students and a reference guide for M&A professionals.

    Original Description:

    Mergers & Acquisitions and Corporate Valuation: An Excel Based Approach

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    The book provides a detailed overview of mergers and acquisitions (M&A), including the various types of M&A deals and valuation methodologies. It discusses the key motives and value drivers of M&A. The book also explains important aspects of the M&A process like financing, due diligence, accounting, integration, and reasons for success and failure. Various financial models and case studies are provided to illustrate valuation techniques like discounted cash flow and relative valuation approaches. The book is intended as an introductory textbook for students and a reference guide for M&A professionals.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    763 views2 pages

    Mergers & Acquisitions and Corporate Valuation

    Uploaded by

    Dreamtech Press
    The book provides a detailed overview of mergers and acquisitions (M&A), including the various types of M&A deals and valuation methodologies. It discusses the key motives and value drivers of M&A. The book also explains important aspects of the M&A process like financing, due diligence, accounting, integration, and reasons for success and failure. Various financial models and case studies are provided to illustrate valuation techniques like discounted cash flow and relative valuation approaches. The book is intended as an introductory textbook for students and a reference guide for M&A professionals.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 2

    DREAMTECH

    MANAGEMENT TEXTBOOKS

    ISBN: 9789351197942 | Pages: 284 | Authors: Dr. Manu Sharma, DT Editorial Services | Price: Rs. 349/

    Book Description
    The book Mergers & Acquisitions and Corporate Valuation: An Excel Based Approach is primarily designed for learners who want to
    pursue a career in the field of financial management. It is an ideal introductory book for students who are new to the subject. In addition,
    it is an indispensable reference book for professionals exposed to this field. The book provides a clear and detailed explanation of the
    theory behind Mergers and Acquisitions (M&A). It also discusses in great detail the valuation methodologies used in M&A. Moreover,
    the financial models for valuation are explained with the help of numerous case studies and practical illustrations. The Excelbased
    solutions of practical problems given in the book enable learners to upgrade their skill set to the industry standards. Simple language,
    adequate explanations of theoretical concepts, and practical illustrations make the book a very rich source of practical knowledge in the
    field of M&A.

    About the Authors


    Dr. Manu Sharma has more than 12 years of professional experience in various fields of finance, such as investment banking, M&A,
    financial derivatives and financial engineering, security analysis, and capital market. He has worked in a number of financial
    organizations, including Trudeau & Trudeau Associates and GE Capital International Services. Currently, he is a faculty in the finance
    department of the University Institute of Applied Management Science, Punjab University, India. Dr. Sharma completed his Bachelor of
    Engineering (Chemical) from the Punjab University in 1999. He did his MBA (Finance) from the University of Massachusetts, Boston in
    2002. He also completed his Doctorate in Finance from the SMC University, Switzerland in 2009. His other books include Risk
    Management with Financial Derivatives and Due Diligence in Private Equity.
    DT Editorial Services has seized the market of management books, bringing excellent content in management education to the fore. The
    team is committed to excellenceexcellence in quality of content, excellence in the dedication of its authors and editors, excellence in
    the attention to detail, and excellence in understanding the needs of its readers.

    Table of Contents
    1: Motives Behind Mergers &
    Acquisitions
    1.1 Motives of M&A
    Operational Synergies, Financial
    Synergies, Buying Undervalued
    Firms, Diversification
    2: Reasons for M&A and Synergy Value
    Drivers
    2.1 Reasons for Mergers and
    Acquisitions (M&A)
    2.2 Synergy Value Drivers
    3: Types of Mergers and Takeover
    Defenses
    3.1 Horizontal Mergers
    3.2 Vertical Mergers
    3.3 Conglomerate Mergers
    3.4 Joint Venture (JV)
    3.5 Demerger
    3.6 Spinoffs
    3.7 Equity Carveouts
    3.8 Crossborder Mergers
    3.9 Hostile Takeover
    3.10 Hostile Takeover Defense
    Strategies

    8: Cost of Capital Determination


    8.1 Cost of Capital
    8.2 Cost of Equity
    8.3 Cost of Debt
    8.4 Cost of Capital Analysis
    8.5 Capital Structure Formation
    9: Analysis of Beta and Cost of Equity of
    Live Firms
    9.1 Case Studies on BottomUp
    Approach
    9.2 Case Studies on Regression
    Analysis Approach

    4: Financing M&A
    4.1 Source of Financing M&A
    4.2 Debt Financing
    4.3 Equity Financing
    4.4 Cash Financing
    5: Due Diligence for M&A
    5.1 Corporate Information
    5.2 Stockholders Information
    5.3 Debt Schedule
    5.4 Contractual Agreements
    5.5 Legal Issues
    5.6 Human Resource Information
    5.7 Customers and Suppliers
    5.8 Products and Services
    5.9 Intellectual Property Contract
    5.10 Financial Analysis
    5.11 Tax Issues
    5.12 Property Agreements and Issues
    5.13 Insurance Information
    5.14 Environmental Issues
    6: Accounting for M&A
    6.1 Purchase Accounting Method
    6.2 Conditions of Purchase
    Accounting Method
    6.3 Structuring Deal for M&A

    Published by:

    7: PostMerger Integration and Reasons


    for Success and Failure of M&A
    7.1 PostMerger Integration
    7.2 Failures in PostMerger
    Integration
    7.3 Successful PostMerger
    Integration

    10:Discounted Cash Flow Based


    Valuation Approach
    10.1 Discounted Cash Flow Based
    Valuation
    10.2 Return on Capital
    10.3 Reinvestment Rate
    10.4 Purpose of Valuation of Re
    investment Rate
    10.5 Budgeting Period for Re
    investment Rate and Return on
    Capital
    10.6 Terminal Value
    10.7 Reinvestment Rate in Terminal
    Years
    10.8 Cost of Equity in Terminal Period
    10.9 Cost of Debt in Terminal Period
    10.10 Cost of Capital in Terminal Period
    10.11 Present Value of Terminal Value
    10.12 Value of Business and Value of
    Equity
    11: Dividend Discount Based Valuation
    Approach
    11.1 Earningsbased Valuation
    11.2 Future Cash Flow Analysis
    11.3 Return on Equity Analysis
    11.4 Reinvestment Rate Analysis
    11.5 Length of High Growth Period
    and Cash Flows in High Growth
    Period
    11.6 Terminal Value Analysis
    11.7 Value of Business

    DREAMTECH PRESS
    19-A, Ansari Road, Daryaganj
    New Delhi-110 002, INDIA
    Tel: +91-11-2324 3463-73, Fax: +91-11-2324 3078
    Email: [email protected]
    Website: www.dreamtechpress.com

    12: How to Use Discount Cash Flow Based


    Model
    12.1 Using the Discount Cash Flow
    Based Model
    12.2 Valuation Case Studies
    13: How to Use Dividend Discount Based
    Model
    13.1 Using EarningsBased Model
    13.2 Valuation Case Studies
    14: Relative Valuation (Comparable Firms
    Analysis)
    14.1 Conceptual Framework of
    Relative Valuation
    14.2 Searching Comparable Firms
    14.3 Finding the Right Multiple in
    Relative Valuation
    14.4 Choice of Variable in Relative
    Valuation
    14.5 Choosing the Right Multiple for
    Relative Valuation
    14.6 Determining the Value of
    Division
    14.7 Relative Valuation Case Studies
    15: M&A ModelingDiscounted Cash
    Flow Based Approach
    15.1 Synergy Realization
    15.2 Cash Flow Based M&A Model
    (Excelbased Model Usage)
    15.3 Synergy Analysis
    16: M&A Modeling DividendBased
    Approach
    16.1 Introduction to DividendBased
    Valuation Model
    16.2 Synergy Analysis of the
    Combined Firm
    17: Mixed Approach in M&A (Discounted
    Cash Flow and Dividend Mix)
    17.1 Using the Mixed Model
    17.2 Synergy Analysis
    17.3 Financing of M&A Deal
    18: Leveraged Buyouts (LBO): Strategic
    and Financial Analysis and Financial
    Modeling
    18.1 Introduction to LBO
    18.2 Criteria for LBO
    18.3 LBO Strategic Analysis Model
    18.4 LBO Financial Model Analysis
    18.5 Case Studies of LBO
    Books are
    available on:

    WILEY INDIA PVT. LTD.


    4435-36/7, Ansari Road, Daryaganj
    New Delhi-110 002, INDIA
    Tel: +91-11-4363 0000, Fax: +91-11-2327 5895
    Email: [email protected]
    Website: www.wileyindia.com

    Distributed by:

    Regional Offices: Bangalore: Tel: +91-80-2313 2383, Fax: +91-80-2312 4319, Email: [email protected]
    Mumbai: Tel: +91-22-2788 9263, 2788 9272, Telefax: +91-22-2788 9263, Email: [email protected]
    /dtechpress

    /dtechpress

    /dreamtechpress

    dreamtechpress.wordpress.com

    You might also like