Vinod Kumar and Priti Sharma
An Insight into Mergers and Acquisitions A Growth Perspective
Vinod Kumar
SGND Khalsa College, University of Delhi, New Delhi, Delhi, India
Priti Sharma
Institute of Management Technology, Centre for Distance Learning, Ghaziabad, Uttar Pradesh, India
ISBN 978-981-13-5828-9 e-ISBN 978-981-13-5829-6
https://doi.org/10.1007/978-981-13-5829-6
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Preface
This book provides an insight into the phenomenon of mergers and acquisitions inter alia, various other forms of corporate restructuring. It highlights the importance of M&A as a strategy for faster growth for corporate. The book provides detailed description of process, deal structuring and financing of mergers and acquisitions. Reader will gain an in-depth understanding of the art of valuation from M&A perspective. Book also provides the broader perspective of accounting and regulatory aspects of M&A.
Manuscript sufficiently covers the conceptual underpinnings of M&A and supplements it with substantial number of real-life examples on each sub-topic. Various numerical examples shall further help in assimilation of the knowledge of M&A activity. The judicious blend of theory and practical aspects through numerical as well as real-life case studies make the book an interesting reading. Hence, the book becomes a source of vast knowledge in the highly complicated and dynamic world of M&A.
Book will be useful for the students pursuing the management education, commerce graduates and postgraduates who are willing to make a career in the field of financial services, investment banking, and merger and acquisition consultancies. Book will also be helpful for the practicing managers in the field of corporate finance, strategy formulation, and implementation.
Book can serve as the corporate training module for the entry- and middle-level managers working in the field of corporate finance, management consultancies, and deal strategists in investment banking.
Following features make the book a unique read for the targeted audience:
- (a)
Detailed real-life valuation case studies.
- (b)
Inclusion of latest accounting and regulatory aspects more specifically INDAS (IFRS) for M&A and provisions of New Companies Act (2013) in India.
- (c)
Affluence of real-life examples at relevant places. For example, in case of deal structuring numerous examples are included to explain each structure in detail while regulatory insights are explained with suitable overview of M&A documentations of past few deals.
- (d)
Inclusion of reasonable numerical examples to strengthen the understanding of the subject.
Vinod Kumar
Priti Sharma
New Delhi, India Ghaziabad, India
Acknowledgements
We express our sincere thanks to all those who have supported in the completion of the book and making it an insightful read for all those who have their interest in fascinating but complicated world of mergers and acquisitions. We are extremely grateful to Principal SGND KHALSA College, Delhi University and Dr. S. R. Musanna, Dean IMT CDL for their continuous support and encouragement.
We would like to acknowledge the contributions made by our student Mr. Santhana GopalakrishnanMBA (Financial Analysis). He has actively worked on case studies incorporated in the book. His serious involvement right from the very beginning to final typesetting of the book is highly commendable. The completion of the book without his contributions would have been a far cry.
We would like to express our sincere thanks to ICoFP, New Delhi, Mr. Sanjeev Bajaj and Ms. Jai Vani Bajaj for providing us the opportunity to work closely with the industry and aspiring financial analysts and investment banking professionals which helped us a lot while working on the book.
We are thankful to Dr. Mohd. Khalid Azam (Aligarh Muslim University) and Dr. Asif Akhtar (Aligarh Muslim University) for providing great motivation and support.
We are thankful to all the colleagues, friends, and students for their continuous support while working on the book.
Special thanks to Sh. T. D. Sethi (Law Faculty Delhi), Dr. K. K. Bajaj, Mr. Rajiv Bajaj, Sanjeev Bajaj and Mr. Anil Chopra (BAJAJ CAPITAL), Dr. Vinay Dutta and Dr. Ambrish (Fore School of Management), Dr. Suresh Aggarwal (MBE, South Delhi Campus), Dr. Kavita Sharma (DSE), Dr. Madhu Vij (FMS), Dr. J. K. Goyal (JIMS), Dr. G. C. Sharma (NSE), Mr. Pullock Bhatacharjee (BSE), Dr. Ahindra Chakarborty (GREAT LAKE), Ruchi Arora (NDIM), Dr. Sanjay Jain (DSE), Dr. Rachna Jawa (SRCC), Prof. Y. P. Singh, Dr. Vanita Tripathi (DSE), Dr. Raj Nangia (Lakshmi Bai College), Ms. Suganda (JIMS), Dr. Mahesh Madan, Dr. G. S. Sood, Dr. Vineet Kapur, Dr. Neeta Dhingra, Ms. Silky Jain, Dr. Manmeet Kaur, Dr. D. S. Sharma and G. K. Arora (SGND), Dr. Mani Arul Nandi and Dr. Rekha Dayal (JMC), Dr. Naina Hasija and Ms. Sonia Kamboj (Kalindi), Dr. Alka Harneja, Dr. Purnima, Ms. Neelam, Ms. Neha Kashyap (LBC). Dr. K. L. Dahiya (SOL), Dr. Saklani, Dr. P. K. Khurana and Dr. Suneel Kumar (Bhagat Singh), Dr. Sushma Arora (DRC), Dr. Sarita Sachdeva (IP), Mr. Amit Gupta and Mr. Manish Gupta (JIMS), Mr. R. C. Garg (RDIMS), Anand Sharma (Haryana University), Ms. Bimal Deep Kaur (GGS), Dr. S. B. Rathore (Shyam Lal), Dr. Keshav Gupta, Dr. Prabhat Mittal and Dr. Bhuvnish Grover (Satyawati), Shri Mala Jain (KNC), Dr. Ravi Gupta, Ms. Ritika Ahuja, R. P. Rustagi and Dr. Ashok Sehgal (SRCC) and Dr. Amit Kumar Singh (DSE), Dr. Bharat Bhushan and Ritika Seth (Hansraj), Dr. Hemant Porwal and Dr. Kumar Bijoy (SSBS), Dr. Satish Bhatia (CVS), Dr. Vibha Jain (JDM).