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The value killershow mergers and acq...

Fernandes, Nuno.

The value killershow mergers and acquisitions cost companies billions - and how to prevent it /

Record Type:	Electronic resources : Monograph/item
Title/Author:	The value killersby Nuno Fernandes.
Reminder of title:	how mergers and acquisitions cost companies billions - and how to prevent it /
Author:	Fernandes, Nuno.
Published:	Cham :Springer International Publishing :2019.
Description:	xviii, 88 p. :ill., digital ;24 cm.
Contained By:	Springer eBooks
Subject:	Consolidation and merger of corporations.
Online resource:	https://doi.org/10.1007/978-3-030-12216-4
ISBN:	9783030122164$q(electronic bk.)

The value killershow mergers and acquisitions cost companies billions - and how to prevent it /
Fernandes, Nuno.

The value killershow mergers and acquisitions cost companies billions - and how to prevent it /[electronic resource] :by Nuno Fernandes. - Cham :Springer International Publishing :2019. - xviii, 88 p. :ill., digital ;24 cm.

1. Don't Rely on Investment Banks for Valuation -- 2. Avoid "Strategic" Deals -- 3. Link the Before and After -- 4.Think Like a Financial Investor -- 5. Move Fast and Communicate Transparently -- 6. Conclusion: Closing the Deal, But at What Price?.

In a business climate marked by escalating global competition and industry disruption, successful mergers and acquisitions are increasingly vital to the growth and profitability of many corporations. If history is any guide, 60 to 70 per cent of new mergers will fail - and will destroy shareholder value. To date, analyses of the M&A failure rate tend to focus on individual causes - e.g., culture clashes, valuation methods, or CEO overconfidence - rather than examining the problem holistically. The Value Killers is the first book based on a holistic analysis of successful and unsuccessful transactions. Based on research, interviews with top executives, and case studies, this book identifies the key causes of failures and successes and offers prescriptions to increase the odds that future transactions will deliver all the anticipated synergies. The Value Killers offers practical advice in the form of 5 Golden Rules. These rules will help managers and boards to ensure that target companies are properly valued; potential synergies and risks are identified in advance; checks and balances are installed to make sure that the pros and cons of the transaction are rationally and objectively evaluated; mechanisms are created that will trigger termination of bad deals; and obstacles to successful post-merger integrations are assessed (and solutions developed) before the deal closes. Each chapter includes questions for executives considering future M&As to allow them to see whether they are on the right track or not.

ISBN: 9783030122164$q(electronic bk.)

Standard No.: 10.1007/978-3-030-12216-4doiSubjects--Topical Terms:

203642
Consolidation and merger of corporations.

LC Class. No.: HD2746.5 / .F47 2019

Dewey Class. No.: 338.83

The value killershow mergers and acquisitions cost companies billions - and how to prevent it /
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505 0 $a 1. Don't Rely on Investment Banks for Valuation -- 2. Avoid "Strategic" Deals -- 3. Link the Before and After -- 4.Think Like a Financial Investor -- 5. Move Fast and Communicate Transparently -- 6. Conclusion: Closing the Deal, But at What Price?.
520 $a In a business climate marked by escalating global competition and industry disruption, successful mergers and acquisitions are increasingly vital to the growth and profitability of many corporations. If history is any guide, 60 to 70 per cent of new mergers will fail - and will destroy shareholder value. To date, analyses of the M&A failure rate tend to focus on individual causes - e.g., culture clashes, valuation methods, or CEO overconfidence - rather than examining the problem holistically. The Value Killers is the first book based on a holistic analysis of successful and unsuccessful transactions. Based on research, interviews with top executives, and case studies, this book identifies the key causes of failures and successes and offers prescriptions to increase the odds that future transactions will deliver all the anticipated synergies. The Value Killers offers practical advice in the form of 5 Golden Rules. These rules will help managers and boards to ensure that target companies are properly valued; potential synergies and risks are identified in advance; checks and balances are installed to make sure that the pros and cons of the transaction are rationally and objectively evaluated; mechanisms are created that will trigger termination of bad deals; and obstacles to successful post-merger integrations are assessed (and solutions developed) before the deal closes. Each chapter includes questions for executives considering future M&As to allow them to see whether they are on the right track or not.
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