How Mergers And Acquisitions Affect Shareholders' Wealth in Short Term: the European Market

How Mergers And Acquisitions Affect Shareholders
Masters
Dissertation
Finance & Accounting
Pages 60 (15060 words)
Download 0
Table of Contents 1.0 Introduction 4 1.1. Overview of the research study 4 1.2. Rationale of the research study 6 1.3. Significance of the research study 6 1.4. Problem Statement 7 1.5. Objectives of Research Study 7 1.6. Hypothesis 7 1.7. Research Methodology: 8 1.0.Literature Review: 9 2.1…

Introduction

Market reaction towards merger or acquisition announcement: 13 2.8. Determinants of share price: 13 2.9. Motives behind takeovers: 14 2.10. Intricacies of Mergers and Acquisitions: 15 2.11. Merger and Acquisitions Waves: 16 2.12. Trend of Mergers and Acquisition in Europe in 1990s: 16 2.13 Empirical Evidence of Impact of Mergers and Acquisitions on the Shareholders’ Wealth: 18 2.14 Steps to follow while undertaking a Merger and Acquisition Strategy: 23 3. Research Overview and Methodology 25 3.1 Introduction: 25 3.2 Research Overview: 25 3.3 Problem Statement: 29 3.4 Research Objectives and Questions: 29 3.5 Research Purpose: 30 3.6 Research Approach: 30 3.7 Research Strategy: 31 3.8 Research Method and Data Collection: 32 3.9 Variables under Investigation: 33 3.9.1 Dependent Variable: 33 3.9.2 Independent Variable: 33 3.10 Conceptual Framework: 34 3.11 Hypothesis: 34 3.12 Ethical Issues and Considerations: 34 3.13 Limitations: 35 3.14 Summary: 35 4. Analysis and Findings 36 4.1 Introduction: 36 4.2 Case Study Analysis: 36 4.2.1 Case Study of Apollo Global Management and CVC Capital Partners acquisition of Brit Insurance: 36 4.2.2 Case Study of Kraft’s acquisition of Cadbury: 37 4.2.3 Case Study of URS Corporation’s acquisition of Scott Wilson Group: 39 4.2.4 Case Study of Vodafone’s acquisition of Mannesmann AG: 41 4.2.5 Case Study of SAB Miller Plc. ...
Download paper
Not exactly what you need?

Related papers

Factors in International mergers and acquisitions
This has now become as the preferred mode of foreign direct investment (FDI). The objective of this paper is to analyze the concept of mergers and acquisitions through a case study. We will be analyzing the common factors and motives of going for an acquisition. We will also analyze the concept of merger waves and the result of the same on stock market. We will study the benefits and costs for the…
mergers and acquisitions
Case examples about the impacts of government regulation of mergers and acquisitions will be drawn from USA, Europe and China. The paper is specifically concerned with analysing current issues pertaining to government regulation of mergers and acquisitions in China in comparison to the other developed countries. According to Jackson & Schuler (2000), in a merger, the two firms are supposedly on…
mergers and acquisitions-B
Are any Sell-Offs Likely? 10 7. Risk – Given that the Majority of Takeovers Destroy Shareholder Value, What Are the Major Risks? 11 Conclusion 13 References 14 Introduction Evidences reveal that M&As can be quite risky to lead the pathway of the acquiring company’s destruction and on the other hand, be highly beneficial to assist the company in the attainment of its long-term objectives.…
Mergers and Acquisitions as a Strategic Mean of Creating Value and Maximizing Shareholder Wealth
An Overview of Mergers and Acquisitions DePamphilis (2008 pp-04-06) defined mergers and acquisitions as a part of corporate and management strategies dealing with the buying, selling and combining of different organsiations having similar business activities or activities that can support the present and future growth and development in a systematic manner. Over the years, the distinction between…
mergers and acquisitions case study
Foster’s Group, the biggest brewer within Australia, initially rejected the conditional, off-market, cash takeover of Australia $11.2bn (€8.3bn) acquisition approach from SABMiller representing all the issued shares in Foster’s Group Limited. The proposal to acquire the company aligned with the strategy detailing generation of a rewarding worldwide spread of businesses, and establishment of…
Mergers and acquisitions
This paper seeks to examine examples of companies in the USA that were involved in a merger. Mergers often look forward to ensuring profits rather than losses in the business combination. The selected company that involved itself in a merger is the Continental Airlines Company. The company was involved in the merger with another airline company. The two companies were the entities in the merger.…
Mergers and Acquisitions
The aim of the study is to reveal the impact of merger and acquisition on the performance of companies in UK which will be achieved by analysing the financial performance of sample companies involved before and after M&A. The study will analyse the financial statements of randomly selected companies before and after merger so as to reveal the true impact from such merger or acquisition. The study…