Rules to create value in M&A activity ?

Abstract:

M&A activity remains intensive, due to among others factors, the globalization of the economy. Numerous studies, however, point out several instances of failures and destruction of value for acquirers. In this context, it appeared worthwile, through Q&A sent to professionnals, to identify best practices at each stage of a proposed acquisition. The answers received from 21 expert professionnals in the field have allowed to define "rules of the game". Trescal, a world leader in measuring instruments, has been taken as an example. It has successfully carried out 15 acquisitions over the past eight years by applying the vast majority of these rules. A correct execution of an acquisition therefore appears key to enable the ultimate creation of value for both buyers and all remaining stakeholders.

Memory Sciences Po Paris 2015. Executive Master: Corporate Finance and capital Markets. Please send me your e-mail if you want to have the Master's thesis. Free and only in french...