000			06830nam a22002177a 4500
999			_c4643 _d4643
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008			190809b xxu||||| |||| 00| 0 eng d
020			_a9788126568253 _c849
040			_aS.X.U.K
041			_aEnglish
082			_aR 658.162 KAP(MER)Ed2
100			_aKapil, Sheeba
245			_aMergers and acquisitions _b: strategy, valuation, leveraged buyouts, and financing _cSheeba Kapil; Kanwal N. Kapil
250			_a2nd ed.
260			_aNew Delhi _bWiley _cc2017
300			_axxi; 548 _bP.B
500			_aUnit I: Strategic Aspects of M&A 1 M&A: Trends and Waves 3 1.1 Introduction 1.2 Business Snapshot: Microsoft and LinkedIn M&A 1.3 Merger Waves 1.4 Indian M&A Scenario 2 Understanding M&A 2.1 Introduction 2.2 Types of Mergers 2.3 Merger Motives 3 M&A Strategy and Strategic Fit 3.1 Understanding Strategy 3.2 Successful Strategies 3.3 Strategic Analysis 3.4 Strategy to Create Competitive Advantage 3.5 Generic/Business Level Strategies 3.6 Cooperative Strategies 3.7 Corporate Level Strategies 3.8 Strategy Implementation 3.9 Understanding Strategic Fit 3.10 Strategic Fit and Synergy Gain 3.11 Synergy Gain and Added Value 3.12 M&A Tool for Corporate Growth Strategy 3.13 M&A: Strategic Investment Choice for Inorganic Growth 3.14 M&A Strategic Process 4 Corporate Restructuring and M&A 4.1 Introduction 4.2 Organizational Restructuring 4.3 Financial Restructuring 4.4 Portfolio Restructuring 4.5 Mergers and Acquisitions as an Inorganic Growth Tool 5 Identifying Opportunities in M&A: Buy Side and Sell Side 5.1 Introduction 5.2 Buy-Side M&A 5.3 Financing Options for Buyer 5.4 Fairness Opinion 5.5 Definitive Agreement 5.6 Buy-Side Valuation and Deal Analysis 5.6 Sell-Side M&A 5.7 Factors Affecting Sell-Side M&A 5.8 Sell-Side Process 5.9 M&A Strategic Buyer 5.10 Marketing Plan for Target 6 M&A: Empirical Studies 6.1 Introduction 6.2 Large Global Deals 6.3 Hostile M&As 6.4 Regional Trends and Insights 6.5 Cross-Border M&As 6.6 M&A Activities in Emerging Markets: Comparative Study of India and China 6.7 Sectoral Analysis of M&A Trends 6.8 Analysis of Empirical Studies on M&A Motives and Performance Unit II: Legal Issues and Framework 7 M&A: Legal and Regulatory Framework 7.1 Introduction 7.2 M&A: Regulatory Framework 7.3 Merger / Amalgamation 7.4 Acquisition / Takeover 7.5 Cross-Border M&A 7.6 Foreign Direct Investment 7.7 Foreign Portfolio Investment 7.8 Foreign Venture Capital Investments 7.9 Pre-Agreement and Share Purchase Agreement 8 M&A: Takeover Defenses 8.1 Introduction 8.2 Probability of Takeover 9 M&A Accounting and IFRS-3 9.1 Introduction 9.2 Purchase Method 9.3 Pooling Method 9.4 New Accounting Norms (Post 2001) 9.5 Consolidation Process 10 Foreign Direct Investment and M&A 10.1 Introduction 10.2 Defining FDI 10.3 Rationale for FDI 10.4 Costs of FDI 10.5 Forex Rate Volatility, BOP, and FDI 10.6 Determinants of FDI 10.7 FDI in India 10.8 Advantages of FDI 10.9 FDI and Asian Countries Unit III: Valuation and M&A 11 Concepts in Business Valuation 11.1 Introduction 11.2 Components of DCF 11.3 Valuing Firm with DCF 11.4 Unlevering Beta and Firm Valuation 12 Valuation by Multiples 12.1 Introduction 12.2 Steps in Comparable Analysis 12.3 Equity Value 12.4 Enterprise Value 12.5 EBITDA 12.6 Gross Profit Margin 12.7 Growth Metric 12.8 Credit Profile 12.9 Precedent Transaction Analysis 13 Business Valuation and Consideration Paid in M&A 13.1 Introduction 13.2 The Historical Cost Approach 13.3 The Residual Income Approach 13.4 The Multiples Approach 13.5 The Dividend Discount Model 13.6 The Discounted Cash Flow Approach 13.7 Economic Value Added 13.8 Consideration in M&A Unit IV: Advance Topics in M&A Valuations 14 Brand Valuation and M&A 14.1 Introduction 14.2 M&A and Brand Valuation 14.3 Brand Valuation Methods 14.4 IFRS and Brand Valuation 14.5 Intangible Assets 14.6 Value Drivers for Valuation 15 Private Equity and Start-Up Valuation 15.1 Introduction 15.2 Convertible Debt for Start-Ups 15.3 Equity Series Round 15.4 Pre- and Post-Money Valuations 15.5 Future Dilution 15.6 Option Pool 15.7 Preferred Stock and Liquidation Preference 16 LBO Economics and Valuation 16.1 Introduction 16.2 LBO Economics 16.3 LBO Valuation Unit V: Financing Aspects 17 Financing Options in M&A 17.1 Introduction 17.2 Normal Equity 17.3 Differential Voting Equity 17.4 Preference Shares 17.5 Debt Financing 17.6 Retained Earnings / Cash Surplus 17.7 Eurobonds 17.8 Foreign Bonds 17.9 Depository Receipts 17.10 External Commercial Borrowings (ECBs) 17.11 Equipment Financing 17.12 Leasing and Hire Purchase 18 Leveraged Buyout 18.1 Introduction 18.2 LBO Sponsors 18.3 LBO Mode of Target Acquisition 18.4 Criteria for Selecting LBO Candidates 18.5 LBO Capital Structure 18.6 Concept of Financial Leverage and Risk 18.7 History of LBOs 18.8 Role of Private Equity Investors 18.9 Theories of LBOs 18.10 Exit Strategies for LBO 18.11 LBOs in India 19 Private Equity and M&A 19.1 Introduction 19.2 Functions of a PE Firm 19.3 Structure of a PE Firm 19.4 Private Equity and Hedge Funds 19.5 PE Investment Strategy 19.6 Types of Private Funds 19.7 Regulation of PE Market 19.8 Factors Responsible for Private Equity Growth 19.9 PE in India 20 Investment Banks and M&A 20.1 Introduction 20.2 Investment Bank Structure 20.3 Investment Bank Functions 20.4 Investment Bank Fee 20.5 Regulation of Investment Banks 20.6 Investment Banks in India 21 Hedge Funds and M&A 21.1 Introduction 21.2 Hedge Funds and M&A 21.3 Characteristic Features of Hedge Funds 21.4 Growth of Hedge Funds 21.5 Hedge Fund Indices and Databases 21.6 Types of Hedge Fund Investors 21.7 Hedge Fund Investment Strategies Unit VI: Additional Topics in M&A 22 Post-Merger Integration 22.1 Introduction 22.2 Factors Affecting Integration 22.3 Functional Integration 23 Corporate Governance and M&A 23.1 Introduction 23.2 Corporate Governance Mechanisms 23.3 Corporate Governance Models 23.4 Corporate Governance and M&A 23.5 Mergers and Acquisitions: Approaches of Corporate Governance 23.6 Corporate Governance Issues: Views of Acquirers and Targets 23.7 Corporate Governance and M&A: Indian Context Index
650			_aMERGERS AND ACQUISITIONS
700			_4auth. _aKapil, Kanwal N.
942			_cREF