JEM231 - Mergers and Acquisitions

Credit: 3
Status: Bachelors - All
Bachelors - elective
Bankovnictví a podnikové finance - elective
BEF - elective
Centrální bankovnictví a finanční regulace - elective
Compact
CSF - elective
Ekonomie veřejného sektoru a zdravotnictví - elective
English
ET - elective
F,FM and B - elective
Finanční trhy a datová analýza - elective
Masters - all
MEF - elective
MFDA - elective
Semester - winter
Course supervisors: doc. PhDr. Martin Gregor Ph.D.
Course homepage: JEM231
Literature: The lectures are built around academic papers on the topics. Each set of lecture slides lists all
referred articles in case students would want to check the original source. Students should
download the compulsory articles themselves using the library online access (tip: use Google
Scholar).
As a background extra reading, I recommend the book by Weston, Mitchel and Mulherin:
Takeovers, Restructuring, and Corporate Governance (4th international edition, Pearson), but it
is not needed for a successful completion of the module.
Case study:
AkzoNobel, Theo Vermalen and Sirvan Canitez, INSEAD Number IN1577-PDF-ENG.
Description: This module will introduce the basic issues in mergers and acquisitions (M&As) including value
creation in M&As, announcement abnormal returns, merger waves, and takeover defences. We
will also work on a case study concerning a deal valuation.

Partners

Deloitte
Česká Spořitelna

Sponsors

CRIF
McKinsey
Patria Finance
EY