Professional Documents
Culture Documents
Acquisitions
(Energy Sector)
Subject: Investment Banking
Submitted to:
Submitted by:
Prof. Neha
Patwardhan
11/16/16
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Transaction
Overview
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Transaction
Overview
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Transaction
Overview
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Summary of
Merger
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Uses of fund for the particular deal and sources of fund in terms
of common stocks is as shown data from Bloomberg.
Sources
/uses
(Source: Bloomberg)
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Parties
Involved
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Credit details
:
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Capitalizatio
n
Here
Market
Capitalization
of
Target as well as
acquirer is calculated
as well as enterprise
value
is
also
calculated
using
preferred equity and
cash
equivalent
available.
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(Source:
Bloomberg)
10
Financials of
company
Here
Financials
of
Target and Acquirer
company is calculated
to know the merger
will prove to be a good
one or not.
Along with that Net
income and EBITDA is
calculated
from
profarma speed.
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(Source: Bloomberg)
11
Other
Details
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12
Product
lines
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1. W
13
Timeline of
Events
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14
Transaction
Multiples
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15
Transaction
Multiples
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16
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17
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18
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19
an average over a window of time before and after a given time point that is repeated at each
time point in the given chart. A moving average can be thought of as a kind of dynamic trend11/16/16
line.
20
CCI measures the difference between a security's price change and its average price change.
High positive readings indicate that prices are well above their average, which is a show of
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strength. Low negative readings indicate that prices are well below their average, which is a
21
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22
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23
Arbitrage of Merger
Riskarbitrage, ormerger arbitrage, is an investment or trading strategy often associated with
hedge funds. Two principal types ofmergerare possible: a cash merger, and a stockmerger. In a
cashmerger, an acquirer proposes to purchase the shares of the target for a certain price in
cash..
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24
Conclusion
point as it was
dealing in the
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25