Mergers and Aqusitions
2FIM602 Finance Major Project
MERGERS AND ACQUISITIONS: DO THEY CREATE VALUE FOR SHAREHOLDERS
Author: Emad Ahmed Student number: 12242676 Supervisor: Dr Abdelhafid Benamraoui
A project undertaken as part of BA (Hons) Finance degree, University of Westminster, London
1
Major Project
Table of Contents
Statement ......................................................................................................................... 3 Acknowledgement ............................................................................................................ 4 Abstract ............................................................................................................................. 5 Chapter 1: Introduction ..................................................................................................... 6 1.1. Introduction ........................................................................................................................ 6 1.2. Aim/ purpose of paper ........................................................................................................ 7 Aims ............................................................................................................................................... 7 Hypothesis ..................................................................................................................................... 7 Layout ............................................................................................................................................ 8 Chapter 2: Literature Review ............................................................................................. 9 2.1. Literature Review
MERGERS AND ACQUISITIONS: DO THEY CREATE VALUE FOR SHAREHOLDERS
Author: Emad Ahmed Student number: 12242676 Supervisor: Dr Abdelhafid Benamraoui
A project undertaken as part of BA (Hons) Finance degree, University of Westminster, London
1
Major Project
Table of Contents
Statement ......................................................................................................................... 3 Acknowledgement ............................................................................................................ 4 Abstract ............................................................................................................................. 5 Chapter 1: Introduction ..................................................................................................... 6 1.1. Introduction ........................................................................................................................ 6 1.2. Aim/ purpose of paper ........................................................................................................ 7 Aims ............................................................................................................................................... 7 Hypothesis ..................................................................................................................................... 7 Layout ............................................................................................................................................ 8 Chapter 2: Literature Review ............................................................................................. 9 2.1. Literature Review
References: Books: Benninga S, 2000. Financial Modeling, Second edition, Massachusetts Institute of Technology Brealey, R Hitt M, Harrison J, Duane R. 2003. Ireland Mergers & Acquisitions A guide to creating Value for stakeholders. , Oxford, Pearson Education Limited Robson, C Sudarsanam S, 2010. Creating Value from mergers and acquisitions the challenges, Second Edition, Pearson Education limited. Walter I, 2004 Sherman H, Rupert T, Do bank mergers have hidden or foregone value ? Realized and unrealized operating synergies in one bank merger, 2006, European Journal of Operational Research, Forbes (2006) “Bank of America to buy U.S Trust” [online] Available at: http://www.forbes.com/2006/11/20/bank-of-america-markets-equitycx_jl_1120markets12.html [Accessed 24 April 2012] 46