Mergers and acquisitions refers to the purchase, sale, and combination of companies and their assets. M&A facilitates a company's ability to continuously grow, and evolve with ever-changing market conditions, industry trends, and shareholder demands.
When the economy perform strongly, M&A activity tends to increase due to increased company management confidence and ease of obtaining financing. Buyers seek to allocate excess cash, and take advantage of favourable capital markets conditions, while sellers look to monetize their assets or exit non-strategic businesses.
This course provides participants with an overview of M&A, why it is done and the different methods and strategies used.
Photo by dylan nolte on Unsplash
What you’ll learn
- Explain the motivation of companies for undertaking mergers and acquisitions
- Differentiate between financing using cash versus shares for M&A
- Discuss the process flows in a typical M&A deal
- Explain the steps from both the buyer and seller perspective
- Discuss the common issues that plague M&A and best practices to adopt
