Corporate Finance & Mergers

This course is designed for corporate finance professionals, financial analysts, investment bankers, CFOs, business leaders, entrepreneurs, and anyone involved in financial decision-making, mergers and acquisitions, or corporate restructuring. It is ideal for professionals aiming to understand corporate finance principles, valuation techniques, and the complexities of mergers, acquisitions, and corporate restructuring.

Day 1: Fundamentals of Corporate Finance

• Introduction to Corporate Finance: Key principles and objectives
• Capital structure and financial risk management
• The role of financial management in maximizing shareholder value
• Valuation methods: Discounted Cash Flow (DCF), Comparable Company Analysis, Precedent Transactions
• The impact of financial leverage on corporate decisions
• Practical exercise: Calculating and interpreting financial ratios
• Case study: Analyzing capital structure decisions of major companies

Day 2: Mergers and Acquisitions (M&A) Overview

• What is M&A and why do companies engage in M&A transactions?
• The strategic and financial motivations for mergers and acquisitions
• Different types of M&A: Horizontal, Vertical, Conglomerate, and Joint Ventures
• Key drivers of successful M&A transactions
• The M&A process: Stages from target identification to integration
• Practical exercise: Identifying potential M&A targets based on strategic goals
• Case study: A high-profile M&A deal and its strategic rationale

Day 3: Valuation and Financial Modeling for M&A

• How to value companies in the context of M&A
• Methods of business valuation: DCF, Comparable Company, and Precedent Transactions
• Building financial models for M&A transactions
• Understanding synergies and their impact on valuation
• Financial modeling for deal structuring: Debt, equity, and hybrid financing
• Practical exercise: Building a basic financial model for an M&A transaction
• Case study: Valuation and synergies in a recent M&A deal

Day 4: M&A Due Diligence and Deal Structuring

• The importance of due diligence in M&A
• Key areas of focus in due diligence: Financial, legal, operational, and market
• Understanding the financial and operational risks in M&A
• Deal structuring: Types of mergers, stock vs. asset deals, and financing options
• Negotiating M&A deals: Terms and conditions, price adjustments, earnouts
• Practical exercise: Creating a due diligence checklist for an M&A deal
• Case study: A successful M&A transaction and the role of due diligence

Day 5: Post-Merger Integration and Managing M&A Risks

• The challenges of post-merger integration: Organizational, cultural, and operational considerations
• Strategies for successful integration and realizing synergies
• The role of leadership and change management in M&A integration
• Risk management in M&A: Identifying and mitigating post-deal risks
• Regulatory and legal considerations: Antitrust and competition laws
• Post-merger performance assessment: Measuring success and managing disappointments
• Practical exercise: Developing a post-merger integration plan
• Final assessment: Structuring and negotiating an M&A deal