ESCP Europe

Item type

Ebook

Language

English

Publication year

2016

ISBN

978-1-119-29223-4

Subjects

MERGER AND ACQUISITION - SHAREHOLDER - FINANCIAL ANALYSIS

Geographical area

EUROPE

This book thus presents the legal aspects, the theoretical justifications and the empirical contributions of takeovers, and analyzes the economic and financial characteristics of targets in order to assess the probability of being acquired. An empirical approach based on two quantitative studies is then applied to the European market, which is still virgin territory in terms of academic research. Finally, acquisition probability models have been developed and they have a 72% forecast accuracy average rate of targets.