| Mergers and Acquisitions |
|---|
| UoS Code | FINC3013 |
| Credit points | 6 |
| Offered | Semester 2 |
| Prerequisites | (FINC2012 or FINC2002) or (FINC2013 or FINC2003) or (FINC2014 or FINC2004) |
| Prohibitions | FINC3003 |
| Lectures | 2hrs of lectures and 1 tutorial per week; Additional workshops as required. |
| Assessment | Final exam, Tutorial work, Project |
| Description | This unit will provide: an understanding of the economic and strategic drivers of corporate restructuring activity and their use in the design and analysis of restructuring transactions. Understanding of the evaluation of outcomes from restructuring transactions, both the theory based explanations and the empirical tests of the theories. It will develop the ability to identify synergies in a restructuring transaction and use Discounted Cash Flow methods to assign a value to these benefits. A detailed understanding of the design and economic impacts of deal structures used to effect corporate restructuring transactions. A detailed awareness of the process of merger arbitrage and its contribution to outcome of restructuring transactions. An appreciation of the regulatory environment for restructuring transactions and the impact of these regulations on the process and outcomes of restructuring transactions. |
| This unit of study is available as part of the following major subject areas |
|---|
|
