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Intermediate

Introduction to Mergers and Acquisitions From a Corporate Perspective

An India-specific, inside-the-company view of mergers and acquisitions, built for corporate finance and treasury teams, strategy and business development professionals, and growth-stage founders. Learn the vocabulary of mergers, amalgamations and demergers, why companies buy and why most deals disappoint, and how to decide between building, buying and partnering. Value a target the way an acquirer does: standalone value, honestly sized synergies, control premiums and EPS accretion or dilution. Understand how deals are paid for and structured, from cash and stock to slump sales, schemes of arrangement, earn-outs and escrows. Walk through the deal process and due diligence, the Indian rulebook of the Companies Act, NCLT, CCI, the SEBI Takeover Code and FEMA, and the integration work that decides whether a deal succeeds. Finish with the HDFC and HDFC Bank merger traced from announcement to completion.

M&A FundamentalsDeal StrategySynergiesDeal StructuringDue DiligenceIndian M&A RegulationPost-Merger Integration

MODULES

6

DURATION

4 Hours

TRACK

M&A & Valuation

What You'll Master

Tell mergers, acquisitions, amalgamations and demergers apart and know why companies pursue each

Decide when buying a business beats building or partnering, and screen targets systematically

Separate a target's standalone value from the price paid, size synergies honestly and test EPS accretion or dilution

Choose between cash and stock consideration and between share purchase, slump sale and scheme of arrangement structures

Navigate the Indian deal process and rulebook: NCLT schemes, CCI approval, the SEBI Takeover Code and FEMA

Plan post-merger integration and spot the people and culture risks that sink deals

Access Level

LEARNER

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Everything included

Full Text Playbooks

Actionable Exercises

Mobile Reading Mode

Lifetime Updates

Curriculum Breakdown

Chapter 1: What M&A Is and Why Companies Do It

3 Lessons

Mergers, Acquisitions, Amalgamations and Demergers: Getting the Vocabulary Right10 min read

Why Companies Buy: Growth, Capabilities, Scale and Synergy10 min read

Why Most Deals Disappoint: Lessons From Tata Steel-Corus and Other Indian Deals11 min read

Chapter 2: Deal Strategy and Target Selection

3 Lessons

Build, Buy or Partner: Making the Strategic Call10 min read

Types of Deals: Strategic, Financial, Distressed (IBC) and Acqui-hires11 min read

Screening and Prioritising Targets11 min read

Chapter 3: Valuing the Target and the Synergies

3 Lessons

Standalone Value vs Price Paid: How Acquirers Think About Value11 min read

Sizing Synergies Honestly: Cost Synergies vs Revenue Synergies12 min read

Control Premiums and EPS Accretion or Dilution12 min read

Chapter 4: Structuring and Paying for the Deal

3 Lessons

Cash, Stock or Both: Choosing the Consideration11 min read

Share Purchase, Asset Purchase, Slump Sale and Scheme of Arrangement12 min read

Earn-outs, Escrows and Holdbacks: Bridging Valuation Gaps10 min read

Chapter 5: The Deal Process and the Indian Rulebook

3 Lessons

The Deal Timeline: From NDA and Term Sheet to Closing11 min read

Due Diligence: Financial, Legal, Tax and Commercial12 min read

The Indian Rulebook: Companies Act Sections 230-232, NCLT, CCI, the SEBI Takeover Code and FEMA13 min read

Chapter 6: Integration and a Full Case Study

3 Lessons

Post-Merger Integration: The First 100 Days11 min read

People, Culture and Retention: Where Integration Usually Breaks10 min read

Case Study: The HDFC-HDFC Bank Merger From Announcement to Completion13 min read