Mergers & Acquisitions

9 videos • 1 hour 38 minutes

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  Corporate Finance

  

  Mergers & Acquisitions (1/2): Valuations Introduction

  Valuations are undertaken to determine how much an asset or a company is worth either today or in the future. Jo explains how to approach these valuations and the key metrics typically used to assess a company’s value.

  Josephine Tan • 10:33

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  Corporate Finance

  

  Mergers & Acquisitions (2/2): Valuations Introduction

  In the second part of Jo's video on valuations, she discusses various valuation methods, including precedent transaction multiples, discounted cashflows (DCF), leveraged buyouts (LBO) and sum-of-the parts.

  Josephine Tan • 08:06

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  Debt Markets

  Equity Markets

  

  Leveraged Buyouts Introduction Part I

  Leveraged buyouts, or 'LBOs', can at times provide investors with high returns despite only risking little relative capital. In this video, Tim details the role of leverage within the process as well as describing appropriate capital structures.

  Tim Hall • 20:07

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  Debt Markets

  Equity Markets

  

  Leveraged Buyouts Introduction Part II

  In part II of leveraged buyouts, Tim gives a brief history of LBOs before considering the targets and exits from these.

  Tim Hall • 10:44

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  Rating Agencies

  

  The 7 Steps to Managing a Company’s Credit Rating during an Acquisition Process - Part I

  Managing a company’s credit rating effectively during an acquisition process is vital to ensuring surprising changes to the credit rating level post-acquisition are minimised. In part I, Gurdip sets out the seven steps to managing a company’s credit rating during an acquisition process, starting with project set-up and ending with the rating agency's decision.

  Gurdip Dhami • 12:17

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  Rating Agencies

  

  The 7 Steps to Managing a Company’s Credit Rating during an Acquisition Process - Part II

  Gurdip continues his explanation of steps to take in order to maintain a company's credit rating during an acquisition. This video covers RES/RAS decision, preparing the ratings pack, the rating agency meeting and ultimately the rating agency decision.

  Gurdip Dhami • 15:01

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  Legal & Accounting

  

  M&A (1/2): Legal Considerations

  Mergers and acquisitions, commonly referred to as M&A, are transactions where a company's shares, or its entire business, is sold or merged with another company. Elvan explains why companies engage in an M&A transaction before describing the key steps in the timetable and documentation required.

  Elvan Hussein • 07:57

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  Legal & Accounting

  

  M&A (2/2): The Legal Due Diligence Process in a Transaction

  Legal due diligence is the process by which a buyer investigates the target business it is intending to buy. Elvan expands on this operation by outlining the objectives of a legal due diligence and describes how this process looks in practice.

  Elvan Hussein • 06:19

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  Legal & Accounting

  

  Warranties

  Elvan provides an understanding of how warranties work in the context of an M&A transaction by answering some fundamental questions: what are warranties, what is their purpose and what are some of their limitations?

  Elvan Hussein • 07:47