Categorie: Tutti - cost - strategic - financial - integration

da Nitin Kashyap mancano 17 anni

320

NK - Acquisition Motivation

When considering a merger, various factors need thorough evaluation to ensure strategic alignment and operational success. Key elements include the cost of the transaction and the financial health of both entities, which encompasses tax incentives, capital restructuring, and the potential value of synergies.

NK - Acquisition Motivation

Acquisition

Evaluation of alternatives to Merger

Part purchase
Technology licensing
Joint Venture

Value

Potential cost of inaction
Value of synergies
Value of the target standalone
FCF analysis
Comparable analysis
B/S analysis

Realizability

Probability
Senior management commitment
Operational (Systems & processes) diversity
Post merger integration capability
Cultural fit
Extent of restructuring
Geographical Spread/Scale
Target ownership
Time

Fit Assesment

Evaluate the target on the identified/prioritized motivations

Motivation

Identify the relevant motivational elements for the parent and prioritize

Financial
Tax incentive

transfer pricing

loss consolidation

Excess Cash
Capital restructuring
Strategic
Antitakeover for self
Diversification to reduce cyclicity
Consolidation in the industry
Backward/Forward Integration
Competetive Preemption
Cost
Eco of Scale
Resource Rationalisation
Eco of Scope
Resources
Customers
Regulatory
Favourable Location/Presence
Human Capital
IP
Channel
Brand
Segment presence
Capacity