Course curriculum

  • 1

    Overview

    • What is the difference between a merger and an acquisition?
    • What are some reasons for acquiring another company?
    • Define synergies
    • What are the different steps in a M&A acquisition or sale process?
    • What is a public tender offer?
    • What are some defensive tactics a company may adopt against a tender offer?
    • What are the different ways of financing an acquisition?
    • What are the advantages and disadvantages of paying with shares?
    • What are the advantages and disadvantages of paying in cash?
  • 2

    Accretion/Dilution Analysis

    • What is an accretion dilution analysis?
    • What are some tips for analysing the accretion/dilution of a transaction?
  • 3

    Impact of an acquisition on Enterprise Value

    • What is the impact of a majority acquisition on Enterprise Value?
    • What is the impact of a minority acquisition on Enterprise Value?
  • 4

    Exercises

    • Assessing accretion dilution - Case study
    • Majority acquisition and impact on EV - Case study
    • Acquisition and impact on EV - 2 scenarios
  • 5

    Quiz

    • Quiz: Merger

Our students have secured offers in some of the most prestigious companies in M&A and private equity