ESCP Europe

"Creating Value from Mergers and Acquisitions gives an integrated and international perspective. It develops an international and multidisciplinary perspective of M A, and considers M A as a process and not a mere transaction".

PART ONE: OVERVIEW OF MERGERS AND ACQUISITIONS AND THE M&A PROCESS --- 1. Introduction --- 2. What causes merger waves? --- 3. Perspective on mergers --- 4. Assessing the success of acquisitions --- PART TWO: SOURCES AND LIMITATIONS OF VALUE CREATION IN DIFFERENT ACQUISITION TYPES --- 5. Horizontal mergers --- 6. Consolidating fragmented industries --- 7. Vertical integration --- 8. Conglomerate acquisitions --- 9. Cross-border acquisitions --- 10. Joint ventures and strategic alliances as alternatives to M & A --- 11. Corporate divestitures --- 12. Leveraged buyouts (LBOs) --- PART THREE: ACQUISITION DECISION, DEAL STRUCTURING AND NEGOTIATION --- 13. Acquisition decision making and deal structuring --- 14. Target valuation --- 15. Accounting for mergers and acquisitions --- 16. Paying for the acquisition --- 17. Antitrust regulation --- 18. Regulating takeover bids --- 19. Advisers in takeovers --- 20. Bid strategies and tactics --- 21. Defences against takeovers --- PART FOUR: MAKING ACQUISITIONS WORK --- 22. Organisational dynamics and human aspects of acquisitions --- 23. Post-merger audit and organizational learning ---24. Meeting the challenges in mergers and acquisitions..