Moeller / Brady Intelligent M & A

Navigating the Mergers and Acquisitions Minefield
2. Auflage 2014
ISBN: 978-1-118-76421-3
Verlag: John Wiley & Sons
Format: EPUB
Kopierschutz: Adobe DRM (»Systemvoraussetzungen)

E-Book, Englisch, 416 Seiten, E-Book

Almost 70% of mergers fail, yet deals are essential for growingworld-class companies. Therefore they must use all the tools andtechniques at their disposal to improve their chances of success.Applying the techniques advocated in this book can helpmanagers beat the odds - and employees themselves - to have animpact on whether a deal will be successful both for the companyand for themselves.
This book looks at the process of a merger or acquisition andpinpoints the areas where business intelligence can raise the oddsof success in each phase of the deal. Using techniques developed bygovernmental intelligence services and a wide range of recent casestudies, quotations and anecdotes, the expert authors from therenowned Cass Business School show how to build success into anyM&A situation.
The first edition of Intelligent M&A was written in2006 and published in 2007. This preceded the peak year(2007) of the last merger wave, including the excesses in a numberof industries and deals (e.g., financial services with RBS'dramatically failed acquisition of ABN AMRO as a key example), andthe global economic downturn that led to a completely new way ofoperating for many industries and companies.
Therefore, there is a need to update the book to incorporate notjust more relevant and up-to-date case studies of deals but to showthe 'new' way of operating in a post-Lehmanenvironment. Chapters will be comprehensively re-written andpopulated with new and relevant case studies.

Autoren/Hrsg.

Moeller, Scott

Brady, Chris

Inhaltsverzeichnis

INTRODUCTION TO THE SECOND EDITION ix
1 THE NEED FOR INTELLIGENCE IN MERGERS AND ACQUISITIONS 1
2 BUSINESS INTELLIGENCE 37
3 DESIGNING THE ACQUISITION PROCESS 69
4 CONTROLLING THE ADVISORS 101
5 IDENTIFYING THE BEST TARGETS 119
6 THE BEST DEFENSE 159
7 DUE DILIGENCE 193
8 VALUATION, PRICING, AND FINANCING 243
9 NEGOTIATION AND BIDDING 283
10 POST-DEAL INTEGRATION 313
11 POST-DEAL REVIEW 353
12 CONCLUSIONS 367
BIBLIOGRAPHY AND REFERENCES 373
INDEX 383

Über Autor(innen)

Scott Moeller is the Director of the Mergers andAcquisitions Research Centre at Cass Business School in London,where he is also Professor in the Practice of Finance. He iswidely recognized as an international expert on M&A, appearingfrequently on television and in the print media.
He was previously a management consultant and investment banker,working for Booz Allen & Hamilton and Morgan Stanley in NewYork, Tokyo, and Frankfurt, then Deutsche Bank in London. Heremains active as a non-executive director of several largeEuropean and American companies.
Scott is author of Surviving M&A: Make the Most of YourCompany Being Acquired (Wiley, 2009). He can be followedon Twitter (@scottmoeller) and www.intelligentmergers.com.
Professor Chris Brady is currently Professor ofManagement Studies and Director of Salford University'sCentre for Sports Business; he also acts in an advisory capacity toHE institutions and private equity firms. Prior to these roles hewas, most recently, Dean of BPP Business School, Dean of theBusiness School at Bournemouth University and Deputy Deanresponsible for external affairs and business development at theCass Business School in the City of London. Professor Brady alsoserved in the Royal Navy for 16 years including appointments in thejoint HQ intelligence cells during the first Gulf War and theBalkans crises.
He is the author of books and articles on subjects as varied asUS foreign policy, British Cabinet government and, of course,business.