Description
This programme contains 2 modules:
Module 1: Mergers & Acquisitions (Day 1 - 3)
Module 2: Mergers & Acquisitions Documentation & Negotiation (Days 4 - 5)
What you will learn
- Differentiate between a public and a private M&A process
- Understand the timing and key elements of a tender offer
- Analyse the key steps for the different private M&A processes;
- Detail the main documents present in an M&A transaction
- Explain where synergies are derived from
- Based on annual reports and forecasts, perform all the key valuation methodologies: DCF, trading multiples and LBO
- Understand the different forms of consideration and financing available
- Analyse the key metrics looked at by an acquirer: accretion/dilution, pro forma balance sheet, synergies paid away, etc.
- Differentiate between the different divestitures alternatives and understand their key impacts