Introduction to Investment Banking – Mergers and Acquisitions

In this course we review the basic functions of an investment bank and Mergers and Acquisitions or M&A practitioners within an Investment Banking Division (IBD).

The merger of Thomson and Reuters is used as a case study to illustrate the main points.

Key outcomes from this course include:

  • Understand the work of the Mergers & Acquisitions or M&A group within IBD including key terms like Beauty Parade
  • Understand the strategic rationales for M&A such as vertical or horizontal integration
  • Gain an overall understanding of valuation in M&A using Enterprise Value to EBITDA multiples
  • Understand some of the key external factors in public company bids such as the Takeover Panel and the Blue Book and the Competition Commission
  • Knowing some of the key bid tactics used in attack and defence
  • Understand the career structure of investment bankers and the different roles they play

CPD Points: 1

CPD Duration (hours): 1

Access: 12 months from purchase date

Price: £30.00 (excludes VAT)