This class exists in these courses :
• IÉSEG > IESEG Degree - Programme Grande École > Semester 2 > 2,00 ECTS

Prerequisites

Solid understanding of strategic management, organisational behaviour and cross-cultural management

Learning outcomes

At the end of the course, the student should be able to:
-Understand the process value creation and synergy realisation in different M&A situations
•Apply concepts learned in previous courses such as PEST Analysis, Competitive Dynamics, SWOT analysis and value chain in the context of M&A
•Comprehend the different perspectives of the process (economic, financial, managerial, strategic and organisational)
•Understand the motives and strategies for M&A and the legal issues of the transaction
•Understand the process of deal structuring and negotiation as well as target selection and valuation
•Analyse the dynamics of post-acquisition integration process
•Identify the factors that enhance post-acquisition organisational performance.
(All these issues will be covered with reference to both domestic and cross-border M&A deals)

Course description

Session 1: Historic, conceptual and performance overview of M&A
Session 2: Organising for acquisitions: strategies and motives for acquiring
Session 3: Deal structuring and negotiation: target valuation, payment options, legal regulations
Session 4: Post-acquisition integration and organisational learning
Session 5: Enhancing post-acquisition performance: the challenges

Class type

Class structure

Teaching methods

• Lecture
• Presentation
• Project work
• Research

Assessment

In-class quiz, presentations, participation