Page 5 - PowerPoint Presentation
P. 5
MERGERS & ACQUISITIONS
Overview
• The business of mergers and acquisitions is an
unforgiving business, whereby massive amounts of
money are either spent or lost.
• Valuation for purposes of M&As builds to a large
extent on the concepts already addressed in the
learning unit of Valuations.
• It incorporates an extraordinary phenomenon with
a combined effect greater than the sum of the
parts – a synergy effect.
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